Li Hejun steps down as Hanergy Thin Film Power Group chairman

HKEX-listed solar power company Hanergy Thin Film Power Group announced on 20 May the resignation of three directors, including chairman Li Hejun, to “strengthen corporate governance”.

Li remains chairman of parent company Hanergy Holdings Group, according to a clarification issued the following day, which reiterated the board changes were “normal organisational and personnel changes”. Trading of HTF shares has been suspended for over a year after a sudden fall in the stock’s price.

Capital Profile covers five members of the Li Hejun family and 22 related companies.