Change of Chairman and CEO of PAX GLOBAL
PAX GLOBAL (00327.HK) announced that Nie Guoming has terminated his service contract with the company by agreement and will no longer serve as chairman, executive director, and CEO. Mr. Nie has confirmed that there are no disagreements with the board of directors. Zhang Shiyang has resigned as executive director and will continue to serve as chief financial officer and one of the joint company secretaries, effective immediately.
At the same time, Xu Changjun has been appointed as chairman and executive director; Luo Shaowen has been appointed as executive director and CEO; Li Heguo and Zhang Hui have been appointed as executive directors
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