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The latest announcement is out from China Resources Gas Group ( (HK:1193) ).
China Resources Gas Group has announced a board reshuffle effective 3 March 2026, with non-executive director Ge Lu retiring and stepping down from the nomination committee. The company said Ge has no disagreement with the board, and directors expressed formal appreciation for her contributions during her tenure.
The group has appointed veteran China Resources executive Zhang Weitong as a non-executive director and member of the remuneration committee, leveraging his more than 30 years of management experience in the beverage industry within the broader China Resources conglomerate. In addition, Qin Yan has been named to the nomination committee, indicating a recalibration of the company’s governance structure and board oversight roles without immediate changes to directors’ remuneration or shareholdings.
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 gas utilities sector through its subsidiaries in mainland China. The group focuses on the investment, construction and operation of urban and regional gas distribution networks and related services, supplying natural gas to residential, industrial and commercial customers.
Average Trading Volume: 4,356,427
Technical Sentiment Signal: Sell
Current Market Cap: HK$48.13B
See more insights into 1193 stock on TipRanks’ Stock Analysis page.