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China New Town Development Announces Board Reshuffle

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China New Town Development Announces Board Reshuffle

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China New Town Development Co. Ltd. ( (HK:1278) ) has shared an announcement.

China New Town Development Co. Ltd. has announced significant changes to its board of directors and committee composition following its 2025 Annual General Meeting. Mr. Feng Xiaoliang and Mr. Wang Hongxu have retired and resigned as non-executive directors, respectively, due to changes in their work commitments. The company has appointed Mr. Wang Yi and Mr. Xie Zhen as new non-executive directors, while Ms. Liu Yanhong has joined the Nomination Committee, replacing Mr. Yuan Kejian. These changes reflect a strategic shift in leadership, potentially impacting the company’s governance and future direction.

More about China New Town Development Co. Ltd.

Average Trading Volume: 1,835,287

Technical Sentiment Signal: Buy

Current Market Cap: HK$855.9M

Find detailed analytics on 1278 stock on TipRanks’ Stock Analysis page.

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