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China Power International Development ( (HK:2380) ) has provided an update.
China Power International Development has announced a leadership reshuffle effective 6 January 2026, with chairman and executive director Wang Zichao stepping down from his roles, including as authorized representative and head of the company’s key board committees, due to a job transfer. He is succeeded by Gui Xude, currently chairman of the company’s immediate holding company, who will become executive director, chairman of the board, authorized representative and chairman of the risk management, strategic and sustainable development, and executive committees, consolidating oversight of corporate governance and strategic direction under a seasoned state-sector executive; the board emphasized that Wang’s departure is amicable, signaling continuity in management and alignment with the group’s broader organizational arrangements.
The most recent analyst rating on (HK:2380) stock is a Buy with a HK$3.50 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.
More about China Power International Development
China Power International Development Limited is a Hong Kong–incorporated power company engaged in the development, operation and management of power generation assets. It forms part of the State Power Investment Corporation group and focuses on supplying electricity within China, positioning itself as a key state-linked player in the country’s power and energy sector.
Average Trading Volume: 12,948,733
Technical Sentiment Signal: Buy
Current Market Cap: HK$40.7B
See more insights into 2380 stock on TipRanks’ Stock Analysis page.