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Beijing SinoHytec Announces Director Resignation

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Beijing SinoHytec Announces Director Resignation

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Beijing SinoHytec Co., Ltd. Class H ( (HK:2402) ) has issued an announcement.

Beijing SinoHytec Co., Ltd. announced the resignation of Mr. Liu Xiaoshi as an independent non-executive director, effective at the end of the current board session in 2024. Mr. Liu’s departure follows his six-year tenure in accordance with regulatory guidelines, and he will continue his duties until the annual general meeting. The company expressed gratitude for his contributions, and his resignation is not due to any disagreements with the board, ensuring a smooth transition without impacting stakeholder relations.

More about Beijing SinoHytec Co., Ltd. Class H

Beijing SinoHytec Co., Ltd. operates in the energy sector, focusing on hydrogen fuel cell technology and related products. The company is involved in the development and commercialization of hydrogen fuel cell systems, primarily targeting the automotive industry and other sectors seeking sustainable energy solutions.

YTD Price Performance: 8.52%

Average Trading Volume: 1,264,892

Technical Sentiment Signal: Buy

Current Market Cap: HK$5.06B

For a thorough assessment of 2402 stock, go to TipRanks’ Stock Analysis page.

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