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China Resources Gas Revamps Board and Committee Leadership

Story Highlights
  • China Resources Gas will see two independent non-executive directors retire after the AGM, relinquishing key committee roles.
  • The company appointed two new independent directors and reshuffled committee leadership, signaling a governance refresh.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Resources Gas Revamps Board and Committee Leadership

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China Resources Gas Group ( (HK:1193) ) has shared an announcement.

China Resources Gas Group has announced a board refresh, with long-serving independent non-executive directors Wong Tak Shing and Yu Hon To, David stepping down after the upcoming annual general meeting due to other work commitments. Both have relinquished their roles on key committees, including chairmanships of the remuneration and audit and risk management committees, effective 27 March 2026.

To strengthen oversight, the company has appointed Law Cheuk Kin Stephen and Liu Bin as new independent non-executive directors, with Law taking over as chairman of the audit and risk management committee and both joining several other board committees. Additional reshuffles see Yang Yuchuan becoming chairman of the remuneration committee and Li Pok Yan joining the nomination committee, signaling a broader reconfiguration of the group’s governance structure.

The most recent analyst rating on (HK:1193) stock is a Buy with a HK$27.00 price target. To see the full list of analyst forecasts on China Resources Gas Group stock, see the HK:1193 Stock Forecast page.

More about China Resources Gas Group

China Resources Gas Group Limited is a Bermuda-incorporated company listed in Hong Kong that operates in the natural gas utilities sector. The group focuses on the investment, construction and operation of city gas pipelines and related distribution infrastructure in mainland China, supplying natural gas to residential, commercial and industrial customers.

Average Trading Volume: 3,481,834

Technical Sentiment Signal: Sell

Current Market Cap: HK$43.89B

Learn more about 1193 stock on TipRanks’ Stock Analysis page.

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