Because of American citizenship? 2 directors of China Micro Semiconductor resign

On March 14, China Micro Semiconductor Equipment (Shanghai) Co., Ltd. (China Micro, 688012) announced that the company’s directors Fan Xiaoning, Huang Qing, and Du Zhiyou submitted written resignation reports. The three people applied to resign as directors of the company due to personal reasons. After resigning, Fan Xiaoning and Huang Qing no longer hold any positions in the company; Du Zhiyou remains the company's deputy general manager and core technical staff. As of the disclosure date of this announcement, Fan Xiaoning and Huang Qing do not hold any shares in the company.

Sino Micro said that Fan Xiaoning, Huang Qing and Du Zhiyou have performed their duties diligently and diligently during their tenure as directors of the company and played an extremely important and positive role in the company's standardized operation and healthy development. My heartfelt thanks for your outstanding contributions.

Fan Xiaoning is a director sent by Huaxin Investment, the major shareholder and fund manager of China Microelectronics Corporation. According to his resume, Fan Xiaoning was born in May 1983, with Chinese nationality and no right of permanent residence abroad. He is currently the general manager of the third investment department of Huaxin Investment Management Co., Ltd.

Public information shows that Du Zhiyou, born in 1959, American nationality, received a bachelor's degree from Shanghai Jiao Tong University, a master's degree and a doctorate from the Massachusetts Institute of Technology. From 2004 to present, he has successively served as Vice President, Senior Vice President and Chief Operating Officer of AMEC, and currently serves as Deputy General Manager of AMEC. Huang Qing, born in 1962, American nationality, studied physics at Sichuan University in China, and later received a bachelor's degree in physics and a master's and doctoral degree in electrical engineering from the University of California, Berkeley. He will serve as a director of China Microelectronics Corporation from September 2021.

On March 14, the 10th meeting of the second board of directors of China Microelectronics Corporation reviewed and approved the "Proposal on the By-Election of Non-Independent Directors of the Company's Second Board of Directors and the Corresponding Adjustment of the Members of the Special Committees of the Board of Directors" and agreed to nominate Ouyang Yunyun and Cong Hai , Tao Heng is a non-independent director candidate for the company's second board of directors, and his term will start from the date of review and approval by the shareholders' meeting to the expiration date of the company's second board of directors.

The resume shows: Ouyang Yuyun was born in 1994, Chinese nationality, master's degree candidate. Currently, he is the manager of the third investment department of Huaxin Investment Management Co., Ltd. Cong Hai, born in 1967, Singaporean nationality, master's degree candidate, joined AMEC in 2020 and is currently the company's vice president and general manager of the etching department. Tao Heng was born in 1975, Chinese nationality, master's degree student. He joined China Microsystems in 2005 and is currently the group vice president and general manager of the LPCVD Product Department and Public Platform Engineering Department.

In addition, Chen Datong was unable to perform his duties as an independent director of the company due to personal reasons. The company's board of directors nominated Zhang Yu as a new independent director candidate for the company's second board of directors. His term will be from the date of review and approval by the shareholders' meeting to the expiration date of the company's second board of directors. . If Zhang Yu is elected as the company's independent director, he will serve as the convener of the nomination committee and the remuneration and assessment committee of the board of directors at the same time. His term will be from the date of approval by the company's shareholders' meeting to the expiration of the company's second session of the board of directors.

According to the announcement, Zhang Yu was born in 1972, Chinese nationality, master's degree candidate. He has successively served as executive director of CCB Investment, global general manager of Philips set-top box business unit, global vice president of PMCS and president of China. Currently, he is the Managing Director of Walden.