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Anhui Conch Material Technology Co. Ltd. Class H ( (HK:2560) ) just unveiled an announcement.
Anhui Conch Material Technology has formalised the terms of reference and rules of procedure for its board nomination committee, a specialised governance body responsible for overseeing the selection, appointment and ongoing assessment of directors and committee members. The new framework sets out the committee’s role in defining director qualifications, maintaining an appropriate mix of skills, experience and diversity on the board and senior management, and ensuring effective corporate governance, including succession planning for key roles such as the chairman and chief executive, in line with the company’s strategy and regulatory requirements.
The most recent analyst rating on (HK:2560) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Anhui Conch Material Technology Co. Ltd. Class H stock, see the HK:2560 Stock Forecast page.
More about Anhui Conch Material Technology Co. Ltd. Class H
Anhui Conch Material Technology Co. Ltd., listed in Hong Kong, operates in the materials sector and is part of a wider group of subsidiaries in China, focusing on industrial material technologies and related products. The company is governed under PRC company law and Hong Kong listing rules, and is refining its corporate governance framework as it expands its overseas shareholder base.
Average Trading Volume: 134,457
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$974.2M
For an in-depth examination of 2560 stock, go to TipRanks’ Overview page.