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An announcement from Chengdu Expressway Co., Ltd. Class H ( (HK:1785) ) is now available.
Chengdu Expressway Co., Ltd. has formalised detailed terms of reference for its Board Nomination Committee to strengthen corporate governance and protect shareholders’ interests, in line with PRC company law, Hong Kong listing rules and the company’s articles of association. The committee, composed of three directors with a majority of independent non-executive directors and at least one member of a different gender, is tasked with setting selection standards and procedures for directors and senior management, identifying and assessing candidates, reviewing board structure and independence annually, and advising on appointments, reappointments and succession planning for key leadership roles, reinforcing board effectiveness and governance transparency for stakeholders.
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 that operates in the toll road and expressway sector, focusing on the investment, construction, operation and management of expressways and related infrastructure in and around Chengdu, serving regional transportation and logistics needs.
Average Trading Volume: 1,252,903
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.49B
See more insights into 1785 stock on TipRanks’ Stock Analysis page.