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An announcement from China Dongxiang (Group) Co ( (HK:3818) ) is now available.
China Dongxiang (Group) Co., Ltd. has appointed Banu International founder and chairman Du Zhongbing as an independent non-executive director, effective 13 April 2026. The company highlights his strategic management experience and influence in the catering industry as a way to diversify expertise on its board and support future development.
Du will serve an initial one-year term, receive an annual director’s fee of HK$220,000, and is expected to retire and stand for re-election at the next general meeting. He meets Hong Kong listing independence criteria, holds no shares or other positions in the group, and has no disclosed relationships with existing directors or major shareholders, underscoring the board’s emphasis on independent oversight.
More about China Dongxiang (Group) Co
China Dongxiang (Group) Co., Ltd., incorporated in the Cayman Islands and listed in Hong Kong, operates through a group structure focused on branded consumer businesses. The company is active in markets influenced by lifestyle and consumer trends, where board composition and governance are important for investor confidence and regulatory compliance.
YTD Price Performance: -2.27%
Average Trading Volume: 3,278,280
Technical Sentiment Signal: Hold
Current Market Cap: HK$2.52B
See more insights into 3818 stock on TipRanks’ Stock Analysis page.