Dongfang Electric Proposes Board Reshuffle to Enhance Leadership

Dongfang Electric ( (HK:1072) ) has issued an update.

Dongfang Electric Corporation Limited has announced a proposed change in its board of directors, with Mr. Luo Qianyi recommended as a non-independent director, replacing Mr. Yu Peigen. This change is part of the company’s ongoing efforts to strengthen its leadership team and enhance its strategic direction. Mr. Luo brings extensive experience in finance and management, having held significant positions in major Chinese corporations, which is expected to positively impact the company’s operations and industry positioning.

The most recent analyst rating on (HK:1072) stock is a Buy with a HK$17.90 price target. To see the full list of analyst forecasts on Dongfang Electric stock, see the HK:1072 Stock Forecast page.

More about Dongfang Electric

Dongfang Electric Corporation Limited is a leading company in the power equipment manufacturing industry, primarily focusing on the production of power generation equipment and providing services related to energy solutions. The company is a key player in the global market, with a significant influence in the energy sector.

Average Trading Volume: 4,246,112

Technical Sentiment Signal: Buy

Current Market Cap: HK$58.91B

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