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CIG Shanghai Co., Ltd. Class H ( (HK:6166) ) has issued an update.
CIG Shanghai Co., Ltd. announced the resignation of independent non-executive director Mr. Liu Guisong, who is stepping down after serving six years in accordance with updated regulatory limits on the tenure of independent directors. His resignation, effective upon board approval of committee adjustments on 15 January 2026, necessitated changes to the composition of the remuneration and evaluation committee and the audit committee to keep them compliant with statutory and governance requirements. The board has appointed existing independent non-executive director Ms. Yuen Shuk Yee as the new chair of the remuneration and evaluation committee and director Mr. Qin Guisen as a member of the audit committee, ensuring continuity of oversight and a smooth transition of responsibilities, which the company emphasises has been completed in line with its internal resignation management procedures.
The most recent analyst rating on (HK:6166) stock is a Hold with a HK$86.00 price target. To see the full list of analyst forecasts on CIG Shanghai Co., Ltd. Class H stock, see the HK:6166 Stock Forecast page.
More about CIG Shanghai Co., Ltd. Class H
CIG Shanghai Co., Ltd. is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong, overseen by a board comprising executive and independent non-executive directors and operating under PRC corporate governance regulations and the Articles of Association applicable to listed companies.
Average Trading Volume: 2,597,907
Current Market Cap: HK$35.74B
Learn more about 6166 stock on TipRanks’ Stock Analysis page.