Dida's (HKG:2559) Chair Song Zhongjie stepped down effective Aug. 30 amid a share offer, according to a same-day Hong Kong bourse filing.
Shares of the taxi-sharing and ride-hailing company were down 1% in Monday afternoon trading.
The company named Xu Jianzhong as its chairman effective the same day.
Xu has been a senior vice president of the Tongcheng Travel Holdings (HKG:0780) since January 2019.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.