How do directors of listed companies resign?

When a director of a listed company resigns, he shall submit a written resignation report to the board of directors. When resigning, the resignation report shall specify the resignation time, reasons, resignation position, whether to continue to work in the listed company after resignation, etc. Where a director resigns due to the expiration of his term of office, he shall submit a resignation report to the board of directors of the listed company, explaining the performance of his duties during his term of office and handing over the work he has undertaken.

legal ground

Article 45 of the Company Law stipulates that the term of office of directors shall be stipulated in the company's articles of association, but each term shall not exceed three years. Upon expiration of the term of office, directors may be re-elected. Where a director fails to be re-elected in time upon the expiration of his term of office, or a director resigns during his term of office, resulting in a quorum of board members, the original director shall still perform his duties as a director in accordance with laws, administrative regulations and the Articles of Association before the re-elected director takes office.