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Chaowei Power Holdings ( (HK:0951) ) just unveiled an update.
Chaowei Power Holdings has announced the death of executive director Zhou Longrui, who passed away on 6 February 2026 due to illness after serving the group since 1998 and joining the board in 2010. The board praised his long-standing contributions and extended condolences to his family, while emphasizing that his passing is not expected to have a material impact on the group’s operations, underscoring continuity in its existing leadership lineup.
The company also reaffirmed its current board composition, listing its remaining executive, non-executive, and independent non-executive directors. This affirmation signals that the governance framework remains intact despite the loss, aiming to reassure investors and stakeholders about operational stability and the ongoing execution of the group’s strategic direction.
The most recent analyst rating on (HK:0951) stock is a Buy with a HK$1.50 price target. To see the full list of analyst forecasts on Chaowei Power Holdings stock, see the HK:0951 Stock Forecast page.
More about Chaowei Power Holdings
Chaowei Power Holdings Limited is a Hong Kong-listed company incorporated in the Cayman Islands, with its main operations based in Changxing, Zhejiang Province, China. The group operates through various subsidiaries, though the announcement does not specify particular products, services, or market segments, focusing instead on its leadership structure and governance.
YTD Price Performance: -0.72%
Average Trading Volume: 606,758
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.51B
For a thorough assessment of 0951 stock, go to TipRanks’ Stock Analysis page.