Wuliangye Board Approves Dismissal of Deputy General Manager Yue Song
The board of Wuliangye Yibin Co. , Ltd. has passed a resolution to dismiss Yue Song as deputy general manager. After the dismissal, he will no longer hold any position in the company or its controlled subsidiaries. As of the date of the announcement, Yue Song owned 9,819 shares of the company, which will be managed according to relevant regulations. The company stated that the dismissal will not affect its normal operations.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is neutral for Alcoholic Beverages, with intensity 10/100 and 90% confidence over a short term horizon.
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