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Aluminum of China ( (HK:2600) ) has issued an announcement.
Aluminum Corporation of China Limited announced the immediate resignation of executive director, deputy general manager and ESG Committee member Jiang Tao, who is leaving all positions within the company and its subsidiaries, with the board stressing there is no disagreement, no impact on statutory board size, and no material effect on day-to-day operations. The company moved quickly to refresh its leadership bench, nominating current general manager and party committee deputy secretary Zhang Ruizhong as an executive director and industry veteran Guo Gang as a non-executive director, signaling a continuity-focused transition underpinned by Zhang’s extensive non-ferrous metals and corporate management experience while Jiang’s shareholdings will remain subject to strict post-departure trading rules.
The most recent analyst rating on (HK:2600) stock is a Sell with a HK$9.00 price target. To see the full list of analyst forecasts on Aluminum of China stock, see the HK:2600 Stock Forecast page.
More about Aluminum of China
Aluminum Corporation of China Limited is a major Chinese non-ferrous metals producer focused on the smelting and processing of aluminum and related alloy materials, supplying key industrial sectors from construction and transportation to energy and manufacturing, with its shares listed in Hong Kong and Shanghai.
Average Trading Volume: 62,324,911
Technical Sentiment Signal: Buy
Current Market Cap: HK$258.2B
See more insights into 2600 stock on TipRanks’ Stock Analysis page.