CDB Financial Leasing faces listing rule non-compliance

China Development Bank Financial Leasing Co., Ltd. (HKEX: 1606) announced the resignation of Mr. LI Haijian as an independent non-executive director, effective May 7, 2025, due to changes in his work arrangements. Mr. Li also held key positions including chairman of the Remuneration and Nomination Committees. Consequently, the company no longer meets the minimum requirement of three independent non-executive directors as stipulated under Rule 3.10(1) of the Listing Rules, causing non-compliance. The company also does not meet the requirements for composition of the Remuneration Committee and the Nomination Committee under the Listing Rules. CDB Financial Leasing stated it will seek to fill the vacancy within three months to regain compliance.