NIU HOLDINGS: Liang Wenjun appointed as the chairman of the audit committee
NIU HOLDINGS announced that Zeng Yongqi resigned as Executive Director, effective October 31, 2025, and Shao Yuming also resigned as Independent Non-Executive Director. Liang Zhenyu will become the new authorized representative, and Liang Wenjun has been appointed as the Chairman of the Audit Committee, continuing to serve as the Chairman of the Compensation Committee and a member of the Nomination Committee
According to the announcement from NIU HOLDINGS (08619), Zeng Yongqi has resigned as an executive director to pursue other business and personal development, effective from October 31, 2025. Therefore, Zeng Yongqi will no longer serve as one of the two authorized representatives of the company as per the GEM Listing Rules Section 5.24, and as the authorized representative for the company to accept legal documents and notifications in Hong Kong under the Companies Ordinance (Cap. 622) (collectively referred to as authorized representatives).
Shao Yuming has resigned as an independent non-executive director to pursue other business and personal development, effective from October 31, 2025. Consequently, he will no longer serve as the chairman of the board's audit committee, nor as a member of the board's remuneration committee and nomination committee on the same day.
The board also announced that following Zeng Yongqi's resignation from the aforementioned positions, Liang Zhenyu will be appointed as the company's authorized representative effective from October 31, 2025.
As Shao Yuming will no longer serve as the chairman of the audit committee, nor as a member of the remuneration committee and nomination committee after his resignation as an independent non-executive director on October 31, 2025, Liang Wenjun has been appointed as the chairman of the audit committee, while remaining as the chairman of the remuneration committee and a member of the nomination committee
