shandong publishing chairman zhang zhihua resigns due to "work reasons"
2024-09-19
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china youth network news(reporter su xiqiang) shandong publishing (601019.sh) issued an announcement on september 18 that the company's chairman zhang zhihua resigned from the positions of director, chairman of the company's fourth board of directors and member and director of the fourth board of directors' strategy and investment committee due to work reasons, and will no longer hold any position in the company.
the official website shows that shandong publishing and media co., ltd. (shandong publishing) is a large-scale comprehensive cultural enterprise with a full process, full links and new formats, integrating the complete industrial chain of editing, printing, distribution, material supply and foreign trade. it has 20 wholly-owned and holding subsidiaries, including 13 publishing units, xinhua printing company, xinhua bookstore group, and publishing industry research institute. in november 2017, shandong publishing was listed on the shanghai stock exchange, becoming the first state-owned cultural enterprise in shandong to be listed on the ipo. its actual controller is shandong publishing group co., ltd. (hereinafter referred to as "shandong publishing group").
public information shows that zhang zhihua was born in may 1964, is a member of the communist party of china, and graduated from the party school of shandong provincial committee with a postgraduate degree in economic management. he served as the section chief of the binzhou district administrative office, deputy secretary of the boxing county party committee and director of the office, deputy secretary and mayor of bincheng district party committee, secretary of taishan district party committee of tai'an city, member of the standing committee of tai'an municipal party committee and minister of propaganda department. from september 2014 to july 2024, he served as the party secretary and chairman of shandong publishing group. in march 2015, he served as chairman of shandong publishing.
according to the above announcement, the shandong publishing board of directors received the resignation report submitted by chairman zhang zhihua on september 18, 2024. the resignation report will take effect from the date of delivery to the company's board of directors. after resigning from the above positions, mr. zhang zhihua will no longer hold any position in the company.
on july 15, the leadership team of shandong publishing group corporation was adjusted. liu wenqiang was appointed as the party secretary and chairman of shandong publishing group corporation, and zhang zhihua no longer served as the party secretary and chairman of shandong publishing group corporation.
on july 22, shandong publishing's independent director zhong gengshen applied to resign from the company's fourth board of directors as independent director, chairman of the fourth board of directors' nomination, remuneration and assessment committee, and member of the fourth board of directors' strategy and investment committee. the reason for his resignation is that he has served as the company's independent director for six consecutive years.
according to the announcement of shandong publishing, shandong publishing will hold the second extraordinary shareholders' meeting in 2024 on the afternoon of september 19. this shareholders' meeting will review the "proposal on the election of mr. liu wenqiang as a non-independent director of the company's fourth board of directors" and the "proposal on the election of mr. zhang xiaofeng as an independent director of the company's fourth board of directors".
the financial report shows that from january to december 2023, the operating income structure of shandong publishing was as follows: distribution accounted for 73.16%, publishing accounted for 30.35%, materials accounted for 11.59%, foreign trade accounted for 10.14%, and printing business accounted for 2.35%.
in the first half of this year, shandong publishing achieved operating income of 5.944 billion yuan, a year-on-year increase of 13.77%; net profit attributable to shareholders of listed companies was 754 million yuan, a year-on-year decrease of 15.64%.
in the secondary market, on september 18, shandong publishing closed down 2.57% at 12.14 yuan per share, with a total market value of 25.335 billion yuan.
(source: china youth network)
