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The latest announcement is out from Wisdom Sports Group ( (HK:1661) ).
China Frontier Technology Group, the Hong Kong-listed company formerly known as Wisdom Sports Group, has announced a reshuffle of its board and board committees, underscoring ongoing evolution in its corporate governance structure. Executive director Chang Hai Song and independent non-executive director Wu Mingcong have resigned with effect from 13 January 2026, citing changes in work arrangements and other business commitments, and both confirmed there are no disputes or claims against the company and nothing requiring shareholder or regulator attention. Following Wu’s departure, he has stepped down from the audit committee, and the company has appointed independent non-executive director Peng Xiaoliu to the audit committee from the same date, maintaining committee continuity and preserving independent oversight as the board composition is streamlined to two executive directors and three independent non-executive directors.
The most recent analyst rating on (HK:1661) stock is a Hold with a HK$0.70 price target. To see the full list of analyst forecasts on Wisdom Sports Group stock, see the HK:1661 Stock Forecast page.
More about Wisdom Sports Group
China Frontier Technology Group, formerly known as Wisdom Sports Group, is a Cayman Islands-incorporated company listed in Hong Kong. The group operates in the broader technology and related services sector, with its securities traded under stock code 1661 on the Hong Kong Stock Exchange.
Average Trading Volume: 78,036
Technical Sentiment Signal: Sell
Current Market Cap: HK$173.2M
Learn more about 1661 stock on TipRanks’ Stock Analysis page.