Liuhongqin, chief financial officer of Yichang ele

Yichang electric financial director liuhongqin resigned and did not hold shares of the company

on November 20, Yichang electric recently announced that the board of directors received the resignation report submitted by director and financial director liuhongqin on November 15, 2018, and the resignation took effect from the date when the new financial director and director were elected by the board of directors and the general meeting of shareholders

the board of directors reviewed and approved on November 19, 2018: Xu Weidong was appointed as the chief financial officer of the company. The term of office starts from the date of deliberation and approval at the 22nd Meeting of the first board of directors and ends at the expiration of the first board of directors. In order to make the universal experimental machine have the characteristics of stable transmission, low noise, high speed accuracy, wide speed regulation range, long service life, etc; The auto parts testing machine adopts microcomputer to automatically control the testing process. Xu Weidong is nominated as a director of the first board of directors of the company, and his term of office starts from the date of deliberation and approval of the third extraordinary general meeting of shareholders in 2018 and ends at the expiration of the first board of directors. It is agreed that Liu Hongqin's resignation as chief financial officer of the company will take effect from November 19, 2018. The proposal approving Liu Hongqin's resignation as a director of the first board of directors of the company will take effect after being deliberated and approved at the third extraordinary general meeting of shareholders in 2018

it is understood that Liu Hongqin does not hold the shares of Yichang electric. Due to family reasons, he requests to resign as a director and chief financial officer of the company. If the car enterprise wants to reduce its capital. No longer hold other positions in the company after resignation. The resignation of liuhongqin caused the number of members of the board of directors to be lower than the statutory minimum. In accordance with the provisions of the company law and the articles of association, the company will elect new directors by election, but the sampling of surface chemical heat treatment and coated parts shall be perpendicular to the surface director. Before the new director takes office, Liu Hongqin will continue to perform his duties as a director in accordance with the company law, the articles of association and relevant laws and regulations. Xu Weidong does not hold Yichang Electric shares. In view of Xu Weidong's excellent performance in the company's finance, the company decided to appoint Xu Weidong as the company's chief financial officer. The term of office of the chief financial officer is from the date of approval by the board of directors to the expiration of the first board of directors. Xu Weidong is nominated as a director of the first board of directors of the company. The term of office of the director is from the date of approval by the third extraordinary general meeting in 2018 to the expiration of the first board of directors

Yichang Electric said that Liu Hongqin made reasonable arrangements for relevant work before resigning as chief financial officer, and the company will hire a new chief financial officer; Before the new chief financial officer takes office, liuhongqin will continue to perform the relevant duties of the chief financial officer, and will not have an adverse impact on the company's daily business activities and business development. The imbalance between supply and demand has shifted from the past state of oversupply to the current situation of supply shortage. The company expresses its heartfelt thanks to Liu Hongqin for his contributions to the company's business development and standardized operation during his tenure. This appointment and removal is conducive to standardizing financial management and will have a positive impact on the production and operation of the company

according to the data, Yichang electric focuses on the R & D and production of electrified transmission technology and transmission system equipment, including subway and railway, and focuses on the development of new transmission technology and new contact current collection technology. In the first half of 2018, the operating income was 6.8058 million yuan, a decrease of 92.27% over the same period last year; The net profit attributable to the shareholders of the listed company was -2.8306 million yuan, 24.5317 million yuan compared with the same period last year, from profit to loss