Liu Lianhong, Vice Chairman Of The Red Bean Group And Vice Chairman Gong Xindu Resigned.

In the evening of December 3rd, the Jiangsu red bean industrial Limited by Share Ltd (hereinafter referred to as "Hong Kong stock") issued two directors and supervisors resignation notice.

The announcement indicated that the board of directors of the red bean shares received the written resignation report of chairman Liu Lianhong recently. Liu Lianhong has applied for resignation from the chairman of the board of directors, directors and relevant committees of the board of directors because of his working reasons. Liu Lianhong will not hold any post in the company after his resignation. In addition, in view of the fact that the new chairman's election work is still subject to the corresponding statutory procedures, Liu Lianhong is still the legal representative of Hong Kong stock and will continue to perform his duties until the new chairman of the company takes over.

According to "Economic Daily" reported that the red bean shares adjusted this time, intends to select a more professional chairman. Liu Lianhong told the Economic Daily that red bean shares are firmly holding the direction of "two adherence" -- "upgrading and upgrading of clothing industry" and "intelligent red bean construction". These two aspects are not their own professional skills, and their current term is about to expire. Before the expiration, they will be handed over to more professional candidates.

Gong Xindu, vice chairman of Hong Kong stock, also submitted a written resignation report recently. Gong Xindu applied for resigning from his position as vice chairman, director and special committee of the board of directors. After resigning, there will be other arrangements for Gong Xin Du company.

On the same day, red bean shares also issued a notice about the resignation of the company's supervisors. The board of supervisors of the company recently received the written resignation report of Ye Wei, chairman of the board of supervisors. For reasons of his work, Ye Wei proposed to resign as chairman and supervisor of the company's supervisory board. After resigning, ye Wei company will have other arrangements. On the second day, the red bean shares issued a work arrangement on Ye Wei.

On the evening of December 4th, Hong Kong shares announced that it was recommended by the board of directors and considered by the nomination committee of the board of directors of the company, and nominated Ye Wei as the seventh board director candidate for the term of office consistent with the seventh board of directors. After being recommended by the controlling shareholder of the company and considered by the nomination committee of the board of directors of the company, he nominated Wang Changhui as the seventh board director candidate for the term of office consistent with the seventh session of the board of directors.