Zhejiang Expressway Resignation of Independent Supervisor

 
TIDMZHEH 
 
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong 
 Limited take no responsibility for the contents of this announcement, make no 
 representation as to its accuracy or completeness and expressly disclaim any 
 liability whatsoever for any loss howsoever arising from or in reliance upon 
          the whole or any part of the contents of this announcement. 
 
                         ZHEJIANG EXPRESSWAY CO. LTD. 
 (A joint stock limited company incorporated in the People's Republic of China 
                            with limited liability) 
                              (Stock code: 0576) 
 
                     RESIGNATION OF INDEPENDENT SUPERVISOR 
 
The  board  of  directors  (the  "Board")  of  Zhejiang  Expressway  Co.,  Ltd. 
 (the "Company") announces that the Company has received a letter of 
resignation from Mr. Shi Ximin ("Mr. Shi"), an independent supervisor of the 
Company, pursuant to which Mr. Shi has resigned from his position as an 
independent supervisor of the Company with effect from 21 October, 2016 due to 
other work arrangement. 
 
Mr. Shi has confirmed that he has no disagreement with the Board or the 
supervisory committee of the Company, and there are no other matters relating 
to his resignation that should be brought to the attention of the shareholders 
of the Company. 
 
The  Board  would  like  to  express  its  appreciation  to  Mr.  Shi  for  his 
 valuable contributions to the Company during his term of office. 
 
Further announcement will be made by the Company should there be any 
appointment of any alternate independent supervisor by the Company following 
the resignation of Mr. Shi. 
 
                                               On behalf of the Board 
                                                  ZHEJIANG EXPRESSWAY CO., LTD. 
                                                      ZHAN Xiaozhang 
                                                      Chairman 
 
Hangzhou, PRC, 24 October, 2016 
 
As of the date of this announcement, the executive directors of the Company 
are: Mr. ZHAN Xiaozhang, Mr. CHENG Tao and Ms. LUO Jianhu; the non-executive 
directors of the Company are: Mr. WANG Dongjie, Mr. DAI Benmeng and Mr. ZHOU 
Jianping; and the independent non-executive directors of the Company are: Mr. 
ZHOU Jun, Mr. PEI Ker-Wei and Ms. LEE Wai Tsang Rosa. 
 
 
 
END 
 

(END) Dow Jones Newswires

October 24, 2016 05:53 ET (09:53 GMT)