Hong Kong
Exchanges and Clearing Limited and The Stock Exchange of Hong Kong
Limited take no responsibility for the contents of this
announcement, make no representation as to its accuracy or
completeness and expressly disclaim any liability whatsoever for
any loss howsoever arising from or in reliance upon the whole or
any part of the contents of this announcement.
ZHEJIANG EXPRESSWAY CO. LTD.
(A joint stock limited company incorporated in the People's Republic of China with limited
liability)
(Stock code: 0576)
RESIGNATION OF
INDEPENDENT SUPERVISOR
The board of directors (the
"Board") of Zhejiang Expressway
Co., Ltd. (the "Company") announces that
the Company has received a letter of resignation from Mr. Shi Ximin
("Mr. Shi"), an independent supervisor of the Company,
pursuant to which Mr. Shi has resigned from his position as an
independent supervisor of the Company with effect from 21 October, 2016 due to other work
arrangement.
Mr. Shi has confirmed that he has no disagreement with the Board
or the supervisory committee of the Company, and there are no other
matters relating to his resignation that should be brought to the
attention of the shareholders of the Company.
The Board would like to express
its appreciation to Mr. Shi for
his valuable contributions to the Company during his
term of office.
Further announcement will be made by the Company should there be
any appointment of any alternate independent supervisor by the
Company following the resignation of Mr. Shi.
On behalf of the
Board
ZHEJIANG EXPRESSWAY CO.,
LTD.
ZHAN
Xiaozhang
Chairman
Hangzhou, PRC, 24 October, 2016
As of the date of this announcement,
the executive directors of the Company are: Mr. ZHAN Xiaozhang, Mr. CHENG Tao and Ms. LUO
Jianhu; the non-executive directors of the Company are: Mr. WANG
Dongjie, Mr. DAI Benmeng and Mr.
ZHOU Jianping; and the independent non-executive directors of the
Company are: Mr. ZHOU Jun, Mr. PEI Ker-Wei and Ms. LEE Wai Tsang
Rosa.