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BAIC Motor Announces Leadership Restructuring

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BAIC Motor Announces Leadership Restructuring

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BAIC Motor ( (HK:1958) ) has shared an update.

BAIC Motor Corporation Limited announced significant changes in its board of directors and executive management. Mr. Hu Hanjun, Mr. Chen Hongliang, Mr. Song Wei, and Mr. Peng Jin have stepped down from their respective roles, with Mr. Song Wei also resigning as president. The company has appointed Mr. Gu Xin, Mr. Chen Geng, and Ms. Zhu Yan to various director roles, with Mr. Chen Geng also taking on the role of president. These changes are expected to impact the company’s strategic direction and operational management.

The most recent analyst rating on (HK:1958) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on BAIC Motor stock, see the HK:1958 Stock Forecast page.

More about BAIC Motor

BAIC Motor Corporation Limited is a joint stock company incorporated in the People’s Republic of China, operating in the automotive industry. The company focuses on the production and sale of vehicles, and is part of the larger Beijing Automotive Group Co., Ltd., which engages in capital operations and enterprise management.

YTD Price Performance: -10.0%

Average Trading Volume: 17,429,683

Technical Sentiment Signal: Buy

Current Market Cap: HK$17.31B

See more insights into 1958 stock on TipRanks’ Stock Analysis page.

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