Chongqing Machinery & Electric Sets Line-Up and Roles for Seventh-Term Board

An update from Chongqing Machinery & Electric Co. Ltd. Class H ( (HK:2722) ) is now available.

Chongqing Machinery & Electric Co., Ltd. has announced the composition of its seventh-session board of directors and detailed the roles of each director across its key governance committees. The board comprises three executive directors, three non-executive directors and four independent non-executive directors, with Chairman and General Manager Yue Xiangjun also chairing the Strategy and Nomination Committees, and independent directors taking leading roles in the Audit and Risk Management, Remuneration and other oversight functions. The clarified structure and allocation of committee responsibilities strengthen the company’s corporate governance framework, signaling a continued emphasis on oversight, risk management and strategic planning that may influence how investors and other stakeholders assess its management and control environment.

The most recent analyst rating on (HK:2722) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Chongqing Machinery & Electric Co. Ltd. Class H stock, see the HK:2722 Stock Forecast page.

More about Chongqing Machinery & Electric Co. Ltd. Class H

Chongqing Machinery & Electric Co., Ltd. is a PRC-incorporated joint stock company listed in Hong Kong, operating in the machinery and electric equipment sector. The company focuses on manufacturing and supplying mechanical and electrical products, serving industrial and infrastructure markets in China and potentially overseas through its diversified equipment portfolio.

YTD Price Performance: 18.13%

Average Trading Volume: 19,390,442

Technical Sentiment Signal: Buy

Current Market Cap: HK$7.92B

See more data about 2722 stock on TipRanks’ Stock Analysis page.