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Beijing Urban Construction Design & Development Grp Co., Ltd Class H ( (HK:1599) ) just unveiled an update.
Beijing Urban Construction Design & Development Group Co., Limited announced that non-executive director Ms. Shi Huaxin has tendered her resignation due to a change in job assignment, with her departure to take effect upon the election of a new non-executive director at a forthcoming general meeting; she confirmed there is no disagreement with the board or issues requiring shareholder attention. To ensure continuity in board oversight and maintain close alignment with its parent group, the board has proposed appointing veteran group executive Mr. Zhang Pengchao as a non-executive director, subject to shareholder approval, bringing extensive experience in capital operations, investment and real estate development within Beijing Urban Construction Group, which may strengthen the company’s strategic coordination and governance capabilities.
The most recent analyst rating on (HK:1599) stock is a Buy 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 joint stock company incorporated in the PRC, operating in the urban construction and infrastructure design and development sector under the wider Beijing Urban Construction Group. The company focuses on providing design, development and related services for urban construction projects, leveraging its affiliation with Beijing Urban Construction Group’s investment, real estate and capital operation platforms.
Average Trading Volume: 376,366
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.82B
For a thorough assessment of 1599 stock, go to TipRanks’ Stock Analysis page.