Ningbo Marine announces director, supervisory board chairman resignations

Ningbo Marine Company Limited announced on September 17, 2025, the resignations of two key individuals from its leadership team. Mr. Fu Weiqin, a company director, submitted his resignation on September 16, 2025, citing work changes. His original term was set to expire on May 28, 2027. Concurrently, Mr. Wang Jingyi, chairman of the supervisory board and a supervisor, also resigned on September 16, 2025, due to work changes, with his term originally extending until May 28, 2027. Both resignations are effective from the date their reports were delivered to the respective boards.

The company stated that the resignations of Mr. Fu Weiqin and Mr. Wang Jingyi do not impact the normal operations of the board of directors or the supervisory board, as the number of remaining members still meets the legal minimum requirement. Mr. Fu will continue in a role within the company or its controlling subsidiaries as deputy general manager and board secretary, while Mr. Wang will continue as a party committee member. Both individuals have completed the handover procedures in accordance with company regulations.

Ningbo Marine expressed its sincere gratitude to Mr. Fu Weiqin and Mr. Wang Jingyi for their contributions during their tenures. The company will proceed with the necessary procedures to elect new board members as required by relevant regulations. The announcement confirms that there are no unfulfilled public commitments by the resigning parties.