Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Core Economy Investment Group Limited ( (HK:0339) ) has issued an update.
China Sci-Tech Industrial Investment Group Limited announced a board change with the resignation of non-executive director He Yu, effective 20 March 2026, citing personal business commitments and noting no disagreement with the board or issues requiring shareholder attention. The company expressed appreciation for He’s contributions during his tenure and confirmed that his departure does not trigger any additional regulatory disclosures.
On the same date, the group appointed Xiao Qiuli as a non-executive director, bringing in extensive experience in e-commerce and general management as general manager of Guangdong GGbingo E-commerce Co., Ltd., which is chaired and founded by board chairman Zhuang Jiyong. Xiao’s initial one-year term, subject to rotation and re-election at the next annual general meeting, will be unpaid at the outset, with potential future remuneration to be reviewed by the board, underscoring the company’s effort to strengthen governance and sector expertise while maintaining flexibility in board compensation.
The company confirmed that Xiao holds no other roles within the group, has no disclosed interests in its shares and has no stated relationships with other directors or major shareholders, which may help support board independence despite his business connection to the chairman. With this appointment, China Sci-Tech Industrial Investment Group adjusts its non-executive line-up while signalling a continued strategic interest in e-commerce-related knowledge and cross-border business capabilities at the board level.
The most recent analyst rating on (HK:0339) stock is a Hold with a HK$0.51 price target. To see the full list of analyst forecasts on Core Economy Investment Group Limited stock, see the HK:0339 Stock Forecast page.
More about Core Economy Investment Group Limited
China Sci-Tech Industrial Investment Group Limited, continued into Bermuda with limited liability and listed in Hong Kong, operates as an investment group with a diversified industrial focus. The company is governed by a board comprising executive, non-executive and independent non-executive directors, reflecting a typical governance structure for a Hong Kong-listed investment holding group.
The group’s governance framework emphasizes board rotation, annual general meeting re-elections and alignment of director remuneration with business performance and market conditions. Its board composition combines management executives with non-executive and independent members, aiming to balance oversight, strategic guidance and protection of shareholder interests.
Average Trading Volume: 4,347,705
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$276.5M
For detailed information about 0339 stock, go to TipRanks’ Stock Analysis page.