Wasu Media: Independent director Yao Zheng resigns
Wasu Media announced that the company's board of directors received a written resignation letter from independent director Yao Zheng. Yao Zheng resigned after serving as an independent director for six consecutive years, in accordance with regulatory requirements, and will no longer hold any positions within the company. Yao Zheng did not hold any shares in the company. His resignation will result in the number of independent directors being less than one-third, and the independent directors in the relevant committees will not exceed half, with a lack of accounting professionals. The resignation will take effect after the shareholders' meeting elects a new independent director, during which he will continue to fulfill his duties. The board of directors will complete the supplementary election as soon as possible
