Core Viewpoint - China Oil Clean Energy Holdings (01759) announced that the Securities and Futures Commission (SFC) has initiated legal proceedings seeking disqualification orders against four former directors of Banyu International Energy Holdings Limited, including Dr. Zheng Jianpeng, an independent non-executive director of the company [1] Group 1 - The SFC's statement indicates that the former directors failed to properly supervise a major operating subsidiary in China and did not act in the best interests of the company, leading to significant financial losses and the exclusion of the subsidiary from consolidated financial statements [1] - Dr. Zheng has acknowledged the SFC's statement and intends to defend his rights, but believes that resigning from his position as an independent non-executive director is in the best interest of the company, effective from September 19, 2025 [1] - Following his resignation, Dr. Zheng will also cease to be a member of the Audit Committee, Remuneration Committee, and Nomination Committee, with Ms. Ji Ling appointed to the Remuneration and Nomination Committees effective from the same date [1]
中油洁能控股：郑健鹏辞任独立非执行董事