Tsaker Chemical Group Limited Announces Executive Changes
December 11, 2020 at 03:38 am EST
Share
The board of directors of Tsaker Chemical Group Limited announces that Ms. YANG Xue has tendered her resignation from the position of a joint company secretary of the Company with effect from 11 December 2020 due to work reallocation. Ms. Yang has confirmed to the Board that she has no disagreement with the Board and that there is no matter in respect of her resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited. Following Ms. Yang's resignation as a Joint Company Secretary, the Board announced that Mr. BAI Kun has been appointed as a Joint Company Secretary. The other existing Joint Company Secretary, Ms. LEUNG Suet Lun, will remain as the other Joint Company Secretary. Mr. Bai, aged 43, is the chief financial officer of the Company, being responsible for the financial operations of the Group. Mr. Bai has been an executive Director since 25 August 2016. Mr. Bai joined the Group in September 2014 as the Chief Financial Officer. Mr. Bai is also the sole director of Tsaker Chemical (Hong Kong) Company Limited. His work experience includes acting as manager for the Tianjin branch of PricewaterhouseCoopers Zhong Tian CPAs Company Limited from September 2002 to February 2010 and the financial controller of Tianjin Walkman Biomaterial Co. Ltd. from February 2010 to August 2014. Mr. Bai is a Certified Public Accountant of China. Mr. Bai obtained a master's degree in Technoeconomics and Management in March 2002 and a bachelor's degree in Technoeconomics in July 1999 from Tianjin University.
Tsaker New Energy Tech Co Ltd, formerly TSAKER CHEMICAL GROUP LIMITED, is a China-based company principally engaged in the manufacture and sale of dye and agricultural chemical intermediates. The Company operates through four segments. The Dyestuffs and Agrochemical Intermediates segment is principally engaged in the production of dye intermediates for the production of dye-related products and products for the production of agrochemicals. The Pigment Intermediates segment is mainly engaged in the production of pigment intermediate products for pigment production. The Battery Materials segment is principally engaged in the production and sales of battery materials. The Other segment is mainly engaged in environmental protection technology consulting services engaged in environmental protection business.