FilingReader Intelligence

China Resources Microelectronics loses director, president

April 3, 2025 at 05:10 PM UTCBy FilingReader AI

China Resources Microelectronics (SSE:688396) announced the resignation of Director and President Li Hong, effective immediately. Li is also no longer considered a core technical member of the company. According to the announcement, Li resigned due to personal reasons and will no longer hold any position within the company. The board expressed gratitude for Li's contributions during his tenure. As of the announcement date, Li held 53,134 shares of the company. 26,566 unvested restricted shares from the 2021 equity incentive plan will be forfeited. The company stated that Li's departure will not significantly impact its overall R&D capabilities, with current R&D activities proceeding normally. China Resources Microelectronics emphasized that its research and development team remains robust and continues to grow, with 1,737 R&D personnel representing 16.02% of total employees.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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