Exchange’s Disciplinary Action against a Former Director of China Metal Resources Utilization Limited (Stock Code: 1636)
Regulatory
19 May 2026
香港聯合交易所有限公司
(香港交易及結算所有限公司全資附屬公司)
THE STOCK EXCHANGE OF HONG KONG LIMITED
(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)
The Stock Exchange of Hong Kong Limited
IMPOSES A DIRECTOR UNSUITABILITY STATEMENT1 and CENSURE against Mr Huang Weiping, former executive director of China Metal Resources Utilization Limited (Stock Code: 1636).
The Exchange conducted an investigation concerning whether Mr Huang discharged his directors’ duties under the Listing Rules. As part of the investigation, the Division sent investigation and reminder letters to Mr Huang. Mr Huang was aware of the Division’s investigation, but failed to respond to the Division’s enquiries.
Key messages:
Failure to cooperate in the Exchange’s investigation is a serious breach of the Listing Rules, and may result in the most serious disciplinary sanction.
Directors are reminded that their obligation to cooperate does not lapse after their resignation.
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Note:
- The Director Unsuitability Statement is a statement that, in the Exchange’s opinion, Mr Huang is unsuitable to occupy a position as director or within senior management of the Company or any of its subsidiaries
Ends