Glory Health Industry Secures Waiver for Board Compliance Amid Sector Challenges

Tip Ranks
2025.12.11 08:38
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Glory Health Industry Limited, incorporated in the Cayman Islands, secured a waiver for board compliance with stock exchange listing rules after the resignation of an independent non-executive director. The waiver allows more time to appoint Mr. Wang Shiyu as a replacement, addressing challenges in the property sector in China. The company's proactive measures aim to maintain compliance and stabilize its board amid market difficulties.