Rosan Resources : APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR, MEMBER OF


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.

Rosan Resources Holdings Limited

融 信 資 源 控 股 有 限 公 司

(Incorporated in Bermuda with limited liability)

(Stock code: 578)

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR, MEMBER OF AUDIT COMMITTEE, NOMINATION COMMITTEE AND

REMUNERATION COMMITTEE

The board of directors (the “Board“) of Rosan Resources Holdings Limited (the “Company“) hereby announces that Mr. Wan Man Wah (“Mr. Wan“) has been appointed as an independent non-executive director (“INED“), a member of audit committee, a member of remuneration committee and a member of nomination committee of the Company with effect from 22 April 2021.

Mr. Wan, aged 54, is a certified public accountant (practising) in Hong Kong. Mr. Wan became an associate member of the Association of Chartered Certified Accountants and the Hong Kong Institute of Certified Public Accountants in 1999, and a fellow member of the Association of Chartered Certified Accountants in 2004. He obtained a Master of Science degree in Accounting from the Hong Kong Polytechnic University in 2006 and a Master of Science degree in Finance from City University of Hong Kong in 2011, with more than 30 years of experience in auditing, company secretary and tax accounting. From September 2008 to February 2012, Mr. Wan was the company secretary of Anhui Tianda Oil Pipe Company Limited (stock code: 839). He is now a major shareholder and an executive director of E & W CPA Co. Limited mainly responsible for corporate auditing, company secretary and tax consulting. Since March 2021, he has been an independent non-executive director of China Wood International Holding Co., Limited (stock code: 1822), the issued shares of which are listed on The Stock Exchange of Hong Kong Limited (the “Stock Exchange“).

Save as disclosed above, Mr. Wan did not hold any directorship in other listed companies which are listed on any securities market in Hong Kong or overseas in the past three years. He has no other connections with any directors, senior management, substantial shareholders or controlling shareholders of the Company. As at the date of this announcement, Mr. Wan does not have any interest in the shares or underlying shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong.

Mr. Wan is entitled to a director’s fee of HK$150,000 per annum, which is determined with reference to the prevailing market rate and his duties and responsibilities in the Company of the Company. Mr. Wan has not been appointed for any fixed term but is subject to retirement by rotation and re-election at the annual general meeting of the Company in accordance with the Byelaws of the Company.

Save as disclosed above, there are no other matters in relation to the appointment of Mr. Wan which need to be brought to the attention of the shareholders of the Company and there is no 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 (the “Listing Rules“) and there is no other matter requiring to be brought to the attention of the shareholders of the Company.

Following the appointment of Mr. Wan as INED, the Company can fulfil the requirements of minimum number of independent non-executive directors and audit committee members under Rules 3.10(1), 3.10(A) and 3.21 of the Listing Rules.

The Board would like to take this opportunity to express its warmest welcome to Mr. Wan for his joining to the Company

By order of the Board

Rosan Resources Holdings Limited

Bao Hongkai

Chairman

Hong Kong, 22 April 2021

As at the date of this announcement, the executive directors of the Company are Mr. Bao Hongkai, Mr. Dong Cunling, Mr. Li Xiangfei, Mr. Sun Shusheng and Mr. Zhang Yi; the non-executive director of the Company is Mr. Li Chunyan; the independent non-executive directors of the Company are Mr. Kelvin Kin-cheong Ho, Mr. Ma Geng and Mr. Wan Man Wah.

Disclaimer

Rosan Resources Holdings Ltd. published this content on 22 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 April 2021 10:11:09 UTC.



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