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Anhui Expressway Reshapes Governance as Executive Director Becomes Employee Director

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Anhui Expressway Reshapes Governance as Executive Director Becomes Employee Director

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Anhui Expressway Company ( (HK:0995) ) just unveiled an announcement.

Anhui Expressway Company Limited has adjusted its corporate governance structure following shareholder approval to cancel its Supervisory Committee and revise its articles of association to introduce an employee director position elected by staff. In line with these changes, executive director Wu Changming resigned from his role as executive director and as a member of the human resources and remuneration committee, and on the same day was elected as the company’s first employee director by the employees’ representative meeting, with the board reappointing him to the human resources and remuneration committee. Wu, a senior economist and legal professional with extensive experience in Anhui’s transport and infrastructure sector and long-standing roles within the company and its parent group, continues to serve as deputy secretary of the Party Committee and executive deputy general manager, as well as holding directorships in several affiliated entities, indicating continuity in operational leadership while the company implements its new employee-participation governance model.

The most recent analyst rating on (HK:0995) stock is a Buy with a HK$16.50 price target. To see the full list of analyst forecasts on Anhui Expressway Company stock, see the HK:0995 Stock Forecast page.

More about Anhui Expressway Company

Anhui Expressway Company Limited is a PRC-incorporated joint stock company engaged in the investment, construction, operation and management of toll expressways and related transportation infrastructure in Anhui province, with its shares listed on the Hong Kong Stock Exchange. The company operates within the broader transport and infrastructure sector, serving regional traffic, logistics and passenger mobility demand, and participates in related businesses through subsidiaries and affiliated entities in mainland China and Hong Kong.

YTD Price Performance: 27.43%

Average Trading Volume: 1,712,936

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$27.49B

See more data about 0995 stock on TipRanks’ Stock Analysis page.

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