China Rare Earth (00769): Jiang Quanlong resigns as executive director, trading remains suspended

Wisdom Financial News APP, China Rare Earth (00769) announced that a meeting will be held on July 21, 2025 to discuss and consider the matter of Mr. Jiang Quanlong suspending payments and resigning as a director. At the board meeting, the board reviewed the due diligence report of China and further inquired about Mr. Jiang's outstanding debts and repayment obligations. Mr. Jiang once again refused to provide any reasonable explanation and demanded that the board prove his suspension of payments. The board believes that Mr. Jiang's failure to disclose details of judgments or court orders he has not complied with may constitute a potential violation of Listing Rules 13.51B and 13.51(2)(k).