Joint provisional liquidators of Cayman Islands-registered solar wafer producer, LDK Solar, have said that two non-executive directors of the company have resigned, without citing any reasons for the departures.
Hongjiang Yao a non-executive director since October 2012, resigned as well as Professor Bing Xiang, an independent director of the company since July 2007.
Yao had originally been nominated to the board by HRX, a major shareholder in LDK Solar.
Xiaofeng Peng, Chairman of LDK Solar, stated: “We are grateful to Dr. Xiang and Mr. Yao for their service as members of our board over the past several years. We benefitted from their wisdom and the LDK Solar board wishes to acknowledge, with appreciation, their efforts and contributions during their tenure. We wish them well in their future endeavors.”
LDK Solar's board of directors now numbers nine, according to the company’s liquidators.