China Dongxiang Confirms Independent Director Gao Yu Remains Suitable After HKEX Disciplinary Action Tied to Home Control

Bulletin Express

Sep 11

China Dongxiang (Group) Co., Ltd. announced that independent non-executive director Gao Yu was cited in a disciplinary statement issued by Hong Kong Exchanges and Clearing Limited on 8 September 2026. The statement, which concerns Home Control International Limited—where Gao previously served as chairman and non-executive director—found that he breached Listing Rules 3.08 and 3.09B and requires him to complete 20 hours of regulatory and legal training.

After review, China Dongxiang’s board determined that Gao remains fit to serve for three key reasons: 1. The HKEX statement does not declare him unsuitable to hold directorships in Hong Kong-listed companies. 2. The breach involves no dishonesty, fraud, or integrity issues. 3. Gao has confirmed his commitment to fulfill the mandated training.

The board further stated that the disciplinary matter is unrelated to China Dongxiang’s operations and does not affect other directors or senior management. Gao confirmed there is no additional information requiring disclosure under Listing Rules 13.51(2)(h)-(v).

The company affirms that all directors accept full responsibility for the accuracy of the announcement.

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Gao confirmed there is no additional information requiring disclosure under Listing Rules 13.51(2)(h)-(v).</p>\n<p>The company affirms that all directors accept full responsibility for the accuracy of the announcement.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03818","symbol_name":"中国动向","start_time":0,"source_url":"","article_id":"1188854770","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1188854770","pubTimestamp":1789099385,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"China Dongxiang (Group) Co., Ltd. announced that independent non-executive director Gao Yu was cited in a disciplinary statement issued by Hong Kong Exchanges and Clearing Limited on 8 September...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03818":"中国动向"},"translate_title":"中国东翔确认独立董事高宇在港交所因内控受到纪律处分后仍然适合","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03818":1},"content_text":"China Dongxiang (Group) Co., Ltd. announced that independent non-executive director Gao Yu was cited in a disciplinary statement issued by Hong Kong Exchanges and Clearing Limited on 8 September 2026. 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Gao confirmed there is no additional information requiring disclosure under Listing Rules 13.51(2)(h)-(v).\nThe company affirms that all directors accept full responsibility for the accuracy of the announcement.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}