Wasu Media: Yao Zheng resigns as independent director

Wasu Media Holding Co., Ltd. (SZSE:000156) announced the resignation of independent director Yao Zheng, effective following the election of a replacement at the shareholders' meeting. Yao Zheng's resignation, tendered due to regulatory term limits for independent directors serving over six years, also includes relinquishing his roles on relevant board committees. While his departure will result in the board temporarily falling short of regulatory requirements for independent director composition and expertise on its committees, Wasu Media is committed to promptly addressing this vacancy through a shareholder vote. Wasu Media expressed gratitude for Yao Zheng's contributions to the company's governance and development during his tenure.