Quanzhou Huixin Micro-Credit Co., Ltd. announced that Mr. Wang Yiming retired as an independent non-executive Director and ceased to be a member of the audit committee and the chairman of the remuneration committee at the conclusion of the AGM; Mr. Cai Yi retired as an independent non-executive Director and cease to be a member of the nomination committee and the remuneration committee at the conclusion of the AGM; Mr. Lin Jianguo has been appointed as an independent non-executive Director at the AGM, and has been appointed as a member of the audit committee and the chairman of the remuneration committee; and Mr. Sun Leland Li Hsun has been appointed as an independent non-executive Director at the AGM, and has been appointed as a member of the nomination committee and the remuneration committee.
Quanzhou Huixin Micro-credit Co., Ltd. is a China-based company which offers loans to small and medium enterprises (SMEs), microenterprises and entrepreneurial individuals. The Company mainly provides two types of loans to customers, including revolving loans and term loans. The Companyâs products include revolving credits, joint-guaranteed loans, targeted payment loans, bridge loans, as well as collateralized quick-access loans, among others. The Company mainly operates its business in domestic market, with Quanzhou, Fujian province as its principal market.