China Shengmu Organic Milk Limited announced that on 15 December 2017, the board has resolved with effect from 15 December 2017 as follows: Mr. Yao Tongshan has ceased to be the chief executive officer; Mr. Cui Ruicheng has ceased to be the chief financial officer; to appoint Mr. Shao Genhuo as the acting chief executive officer; and to appoint Mr. Wang Yuehua as the acting chief financial officer. Each of Mr. Yao and Mr. Cui will continue to act as executive directors.
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