Shenzhen-listed Sainty Marine on 3 August announced the appointment of Zhang Shunfu as its chairman.
Zhang, 53, is also the chairman of Sainty International Group, chairman and general manager of Sainty Metals & Minerals Company, as well as the general manager of China National Nonferrous Metals Import and Export Jiangsu Company.
Zhang’s predecessor Wang Shuhua resigned on 24 July, citing personal reasons, according to the company’s filing to the Shenzhen Stock Exchange. However, investors believe Wang’s resignation is related to Sainty Marine’s dismal financial performance.
To contact the author of this article, email mailto:Angela.Yu@ihs.com
(85 words)
This post was sourced from IHS Maritime 360: View the original article here.