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FINWIRES

Qingdao Yunlu Advanced Materials Technology Chair Resigns

-- Qingdao Yunlu Advanced Materials Technology (SHA:688190) said founder Li Xiaoyu resigned as chair and general manager.

Lei Rigan will act as chair and Zeng Yuanhua will act as general manager, according to a Monday filing with the Shanghai bourse.

Shares of the advanced magnetic metal materials maker closed 2% higher Monday.

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