AIRC.L

Air China Ltd.
Air China Ld - PROPOSED CHANGE OF NON-EXECUTIVE DIRECTOR
16th July 2024, 06:00
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RNS Number : 5284W
Air China Ld
16 July 2024
 

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

 

 

中國國際航空股份有限公司

AIR CHINA LIMITED

(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code: 00753)

 

 

PROPOSED CHANGE OF NON-EXECUTIVE DIRECTOR

 

The board (the "Board") of directors ("Director(s)") of Air China Limited (the "Company") announces that, Mr. Feng Gang ("Mr. Feng") will cease to be a non-executive Director as he has reached retirement age, with effect from 15 July 2024.

 

Mr. Feng has confirmed that he has no disagreement with the Board and the Company and that there is no any other matter relating to his cessation of directorship that needs to be brought to the attention of the shareholders of the Company (the "Shareholder(s)").

 

The Board would like to express its appreciation to Mr. Feng for his outstanding contribution to the Company during his tenure of office.

 

The Board further announces that, the Board resolved on 15 July 2024 to propose the appointment of Mr. Cui Xiaofeng ("Mr. Cui") as a non-executive Director. The proposed appointment of Mr. Cui is subject to the approval by the Shareholders at the general meeting of the Company. Mr. Cui will enter into a service contract with the Company for serving as a non-executive Director for a term commencing on the date of approval by the Shareholders of his appointment and ending on the expiry of the term of the current session of the Board. Mr. Cui will not receive any remuneration for his serving as a non-executive Director.

 

The biographical details of Mr. Cui are as follows:

 

Mr. Cui Xiaofeng, aged 54, graduated from Shaanxi Normal University (陝西師範大學) majoring in political education with a bachelor's degree, and he holds a master's degree in engineering and a

master's degree in business administration. Mr. Cui started working in the civil aviation industry in July 1992. Mr. Cui served as the deputy director and a member of the Party Leadership Group of the Civil Aviation Administration of China from June 2019 to June 2024. He has served as a director and the deputy secretary of the Party Leadership Group of China National Aviation Holding Corporation Limited since June 2024, and has served as the deputy secretary of the Party Committee of the Company since July 2024.

 

As at the date of this announcement, save as disclosed above, Mr. Cui does not have any relationship with the Directors, senior management, substantial Shareholder(s) or controlling Shareholder(s) of the Company or hold any other positions in the Company or any of its subsidiaries, or any directorship in other listed companies in the last three years. Mr. Cui does not have any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).

 

Save as disclosed above, the Company is not aware of any matters in relation to the proposed appointment of Mr. Cui that need to be brought to the attention of the Shareholders nor any other information that is required to be disclosed pursuant to Rules 13.51(2)(h) to (v) of The Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

 

An ordinary resolution to consider and approve the appointment of Mr. Cui as a non-executive Director will be proposed at the forthcoming extraordinary general meeting of the Company (the "EGM").

 

A notice of the EGM containing, among others, detailed information of the proposed appointment of Mr. Cui as a non-executive Director will be published by the Company in due course.

 

By Order of the Board

Air China Limited

Xiao Feng  Huen Ho Yin

Joint Company Secretaries

 

Beijing, the PRC, 15 July 2024

 

As at the date of this announcement, the directors of the Company are Mr. Ma Chongxian, Mr. Wang Mingyuan, Mr. Patrick Healy, Mr. Xiao Peng, Mr. Li Fushen*, Mr. He Yun*, Mr. Xu Junxin* and Ms. Winnie Tam Wan-chi*.

 

*        Independent non-executive director of the Company

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