China Merchants Securities announces board, supervisory resignations

China Merchants Securities (SSE:600999) announced the resignation of Non-Executive Director Liu Weiwu due to retirement, effective upon the election of a successor. Liu also relinquished his roles on the Board's Risk Management and Audit Committees. In a separate announcement, the company disclosed the resignation of shareholder representative Supervisor Ma Yunhchun, due to a job change, also awaiting the election of a replacement. Both Liu and Ma have confirmed no disagreements with the board and supervisory council, respectively, and no other matters need highlighting to shareholders and creditors. The company expressed gratitude for Liu Weiwu and Ma Yunhchun’s contributions during their tenures. The announcements were both dated March 13, 2025.