Posted 15 March, 2023
Green Giant Inc. appointed Mr. Yuhuai Luo as new CEO
Nasdaq:GGE appointed new Chief Executive Officer Mr. Yuhuai Luo in a 8-K filed on 15 March, 2023.
Effective March 13, 2023, the Board appointed Mr. Yuhuai Luo as the Chief Executive Officer of the Company and Chairman of the Board, to fill the vacancy created by the resignation of Mr. Neng Chen.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of Green Giant Inc.
Real Estate/Construction • Real Estate Developers
Green Giant, Inc. engages in real estate development, primarily in the construction and sale of residential apartments, car parks, and commercial properties. Its projects include the Mingzhu Beiyuan, Oriental Pearl Garden, and Liangzhou Road, which are located in Hanzhong City; and the Yangzhou Pearl Garden and Yangzhou Palace, which are located in Yang County. The company was founded by Xiao Jun Zhu in 1995 and is headquartered in Hanzhong, China.Market Cap
$5.09M
View Company Details
$5.09M
Relevant filing section
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Resignation of Mr. Neng Chen Mr. Neng Chen, the Chairman of the board of directors (the "Board") and the Chief Executive Officer ("CEO") of Green Giant Inc., (the "Company"), resigned from his positions as the CEO of the Company and Chairman of the Board, effective on March 12, 2023. Mr. Neng Chen's resignation is not as a result of any disagreement with the Company relating to its operations, policies or practices. Appointment of Mr. Yuhuai Luo Effective March 13, 2023, the Board appointed Mr. Yuhuai Luo as the Chief Executive Officer of the Company and Chairman of the Board, to fill the vacancy created by the resignation of Mr. Neng Chen. The biographical information of Mr. Yuhuai Luo is set forth below. Mr. Yuhuai Luo, has served as the vice president of Guizhou Tobacco Company since September 2016. From January 2009 to June 2016, Mr. Luo served as the vice president of Huaxin Energy Subsidiary Company. From September 1989 to March 2008, Mr. Luo served as the director of Guizhou Tobacco Company (Guiyang Branch). Mr. Luo obtained his bachelor's degree from China Guizhou Agricultural University. Mr. Yuhuai Luo does not have a family relationship with any director or executive officer of the Company and has not been involved in any transaction with the Company during the past two years that would require disclosure under Item 404(a) of Regulation S-K. Mr. Yuhuai Luo also entered into an employment agreement (the "Employment Agreement") with the Company, which sets his annual compensation at $15,000 and establishes other terms and conditions governing his service to the Company. The Employment Agreement is qualified in its entirety by reference to the complete text of the Employment Agreement, which is filed hereto as Exhibit 10.1.
Interested in special situations?
Join Tickerverse
- customize event filters
- create watchlists, bookmarks
- get email notifications for the latest special situations
- browse and analyze public companies, executives and SEC filings
Tickerverse is a great way to find investment opportunities in corporate actions.
By signing up you agree to our Terms of Service and Privacy Policy.