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Broad Homes Proposes Veteran Deal-Maker Li Weiping as Executive Director

Story Highlights
  • Broad Homes plans to appoint Li Weiping as executive director, filling a key board role.
  • Li brings deep banking and M&A experience, with no related-party or shareholding conflicts disclosed.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Broad Homes Proposes Veteran Deal-Maker Li Weiping as Executive Director

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Changsha Broad Homes Industrial Group Co., Ltd. Class H ( (HK:2163) ) has shared an update.

Changsha Broad Homes Industrial Group Co., Ltd. has proposed the appointment of Li Weiping as an executive director for the fourth session of its board, following the earlier resignation of former chairman and executive director Tan Xinming. The nomination aims to ensure compliance with the company’s articles, support its development and management needs, and will be put to shareholders as an ordinary resolution at an upcoming general meeting.

Li, a 57-year-old investment and corporate management veteran, currently chairs Shenzhen Dongfang Jinglue Enterprise Management and its affiliated equity investment fund manager, and has extensive experience in banking, trade finance, guarantees, and mergers and acquisitions. His remuneration will be set by the remuneration and appraisal committee with reference to his experience and market conditions, and the company has confirmed he holds no related-party connections or share interests that could raise governance concerns.

More about Changsha Broad Homes Industrial Group Co., Ltd. Class H

Changsha Broad Homes Industrial Group Co., Ltd. is a Mainland China-based company listed in Hong Kong, operating in the industrial and construction-related sector. The group focuses on prefabricated building and related industrialized construction solutions, serving property developers and infrastructure customers in the domestic Chinese market and selected overseas markets.

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$292.6M

Learn more about 2163 stock on TipRanks’ Stock Analysis page.

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