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Chengdu Expressway Co., Ltd. Class H ( (HK:1785) ) has issued an update.
Chengdu Expressway Co., Ltd. has formalised the terms of reference for its Remuneration and Evaluation Committee under the board of directors, in a move aimed at strengthening its appraisal and pay management system for directors and senior management and improving overall corporate governance. The committee, composed of three directors with a majority of independent non-executive directors and chaired by an independent non-executive director, is tasked with designing performance evaluation criteria, remuneration policies and standardized, transparent procedures for assessing and rewarding senior leadership, with all proposals submitted to the full board for approval and changes in its membership to be disclosed in line with listing rules, underscoring the company’s emphasis on regulatory compliance and governance transparency.
The most recent analyst rating on (HK:1785) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on Chengdu Expressway Co., Ltd. Class H stock, see the HK:1785 Stock Forecast page.
More about Chengdu Expressway Co., Ltd. Class H
Chengdu Expressway Co., Ltd. is a PRC-incorporated joint stock company listed in Hong Kong (Stock Code: 01785) that operates in the expressway and toll-road sector, focusing on the investment, operation and management of expressway assets and related transport infrastructure in and around Chengdu.
Average Trading Volume: 1,252,903
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.49B
Learn more about 1785 stock on TipRanks’ Stock Analysis page.