Chengdu Expressway Outlines Board Composition and Key Committee Roles

An update from Chengdu Expressway Co., Ltd. Class H ( (HK:1785) ) is now available.

Chengdu Expressway Co., Ltd. has announced the current composition of its board of directors, comprising executive, non-executive, and independent non-executive directors, reflecting a governance structure intended to balance management oversight and independent judgment. The Board has also detailed the membership and chairmanship of its four key committees—Audit and Risk Management, Nomination, Remuneration and Evaluation, and Strategy and Development—clarifying responsibilities for financial oversight, governance, pay, and strategic planning, which is relevant for investors assessing the company’s corporate governance and risk management framework.

The disclosure shows that independent non-executive directors hold chair roles in critical committees such as Audit and Risk Management and Remuneration and Evaluation, demonstrating an emphasis on independent supervision of financial reporting and executive pay. By setting out these roles and functions, Chengdu Expressway provides transparency to shareholders and regulators on how strategic decisions, risk controls, and board appointments are handled, which may enhance confidence in the company’s governance practices and alignment with capital market expectations.

More about Chengdu Expressway Co., Ltd. Class H

Chengdu Expressway Co., Ltd. is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong under stock code 01785. The company operates in the toll road and expressway sector, focusing on the development, operation, and management of expressway assets serving the Chengdu region and surrounding transport corridors.

Average Trading Volume: 53,395

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.44B

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