CHI KINGSTONE appoints Gao Shuang as INED, restoring full Listing Rules compliance

Bulletin Express
Jul 14

China Kingstone Mining Holdings Limited (CHI KINGSTONE) has named Gao Shuang as an Independent Non-Executive Director, effective 14 July 2026. Gao will simultaneously become chairman of the Nomination Committee and a member of both the Audit and Remuneration Committees.

The new director brings more than 25 years of technology and fintech experience, including senior roles at Koala Malta Limited and TikTok Limited. He holds an MSc in Business Management from the University of East Anglia and a BSc (Hons) in Optoelectronic Technology from Tianjin University.

Gao has signed a three-year appointment letter running to 13 July 2029, with either party able to terminate by giving three months’ notice. Annual remuneration is set at HK$96,000, payable semi-annually, plus reimbursement of reasonable expenses.

Following the appointment, CHI KINGSTONE now meets Hong Kong Listing Rules 3.10(1), 3.21, 3.25 and 3.27A, ensuring: • at least three independent non-executive directors on the Board; • a minimum of three Audit Committee members; • a Remuneration Committee majority comprised of independent non-executive directors; and • a Nomination Committee chaired by an independent non-executive director with a majority of independent members.

Post-appointment Board composition: • Executive Directors – Chin Then Hin (Chairman & CEO), Zhang Cuiwei, Zhang Mian • Independent Non-Executive Directors – Andreas Varianos, Zu Rui, Gao Shuang

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