---
title: "Glory Health Industry Secures Waiver for Board Compliance Amid Sector Challenges"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/269352305.md"
description: "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."
datetime: "2025-12-11T08:38:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/269352305.md)
  - [en](https://longbridge.com/en/news/269352305.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/269352305.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/269352305.md) | [繁體中文](https://longbridge.com/zh-HK/news/269352305.md)


# Glory Health Industry Secures Waiver for Board Compliance Amid Sector Challenges

### Claim 50% Off TipRanks Premium and Invest with Confidence

-   Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
-   Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential

The latest update is out from Guorui Properties Ltd ( (HK:2329) ).

Glory Health Industry Limited, a company incorporated in the Cayman Islands, has announced a significant update regarding its board composition and compliance with stock exchange listing rules. Following the resignation of Mr. Yuan Hao as an independent non-executive director, the company faced challenges in appointing a suitable replacement due to concerns about the property sector’s operating conditions in China and misalignment with candidates’ appointment terms. Consequently, the company applied for and was granted a waiver from strict compliance with certain listing rules, allowing more time to appoint Mr. Wang Shiyu as an independent non-executive director. This waiver, subject to change by the stock exchange, highlights the company’s proactive measures to maintain compliance and stabilize its board amid challenging market conditions.

The most recent analyst rating on (HK:2329) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Guorui Properties Ltd stock, see the HK:2329 Stock Forecast page.

**More about Guorui Properties Ltd**

**YTD Price Performance:** 6.86%

**Average Trading Volume:** 1,832,819

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$480M

### Related Stocks

- [GLORY HEALTH (02329.HK)](https://longbridge.com/en/quote/02329.HK.md)

## Related News & Research

- [TMK Energy seeks ASX quotation for 50 million new shares](https://longbridge.com/en/news/280953683.md)
- [Critical Resources Seeks ASX Quotation for 25 Million New Shares](https://longbridge.com/en/news/281294861.md)
- [Beauty Farm Medical & Health Industry, Inc. (2373) Gets a Buy from Guotai Haitong](https://longbridge.com/en/news/281131476.md)
- [Odysight.ai® Announces Dual Listing on the Tel Aviv Stock Exchange | ODYS Stock News](https://longbridge.com/en/news/281174441.md)
- [Greater China Financial says listing committee of stock exchange decided to cancel co's listing as per March 27 letter](https://longbridge.com/en/news/281216927.md)