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HKEX Sanctions Three Former China Bright Directors for Non-Cooperation

HKEX imposed a Director Unsuitability Statement and Censure on three former directors of China Bright Culture Group (delisted, stock code 1859) for failure to cooperate with a listing investigation. Mr Liu Mu, Mr Xia Rui, and Ms Yao Li did not respond to investigation and reminder letters; Mr Xia also refused to provide updated contact information. The unsuitability statement prohibits each individual from serving as a director or senior manager of the company or its subsidiaries.