Beijing Urban Construction Design & Development Group Adds New Non-Executive Director After Strong EGM Vote

Beijing Urban Construction Design & Development Grp Co., Ltd Class H ( (HK:1599) ) has provided an announcement.

Beijing Urban Construction Design & Development Group Co., Limited announced that shareholders approved all business at its first extraordinary general meeting of 2026, with the single ordinary resolution to appoint Zhang Pengchao as a non-executive director passed by an overwhelming majority of votes cast. The meeting saw strong shareholder participation, with more than three-quarters of the company’s share capital with voting rights represented and no parties required to abstain or having declared opposition in advance, underscoring broad investor support for the updated board composition and corporate governance structure.

The most recent analyst rating on (HK:1599) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Beijing Urban Construction Design & Development Grp Co., Ltd Class H stock, see the HK:1599 Stock Forecast page.

More about Beijing Urban Construction Design & Development Grp Co., Ltd Class H

Beijing Urban Construction Design & Development Group Co., Limited is a Hong Kong-listed, PRC-incorporated company operating in the urban construction and infrastructure design and development sector. The group focuses on providing design, consulting and related services for large-scale urban transport and municipal engineering projects, serving both domestic mainland China markets and international investors through its H-share listing in Hong Kong.

Average Trading Volume: 251,970

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1.83B

For an in-depth examination of 1599 stock, go to TipRanks’ Overview page.