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Lansen board chairman resigns; replacement appointed

Lansen Pharmaceutical Holdings Ltd. board chairman Stephen Hunt and nonexecutive director Tang Jun resigned due to work commitments elsewhere.

Hunt will remain on the board as a nonexecutive director. Wu Zhen Tao will instead become the new chairman of the company and a nonexecutive director.

Wu is the executive chairman of Cathay International Holdings Ltd., a substantial shareholder of Lansen.