Dynagreen Reshapes Board as Veteran Executive Hu Shengyong Becomes Employee Director

An update from Dynagreen Environmental Protection Group Co., Ltd. Class H ( (HK:1330) ) is now available.

Dynagreen Environmental Protection Group announced that long-serving executive Mr. Hu Shengyong has resigned as an executive director and member of the nomination committee, following adjustments to the company’s corporate governance structure, with both sides confirming there is no disagreement. At the same time, Hu was elected by the employee representative meeting as the board’s employee director for the current term, a move that preserves his influence within the group while strengthening employee representation and leaving the board to plan his reappointment to the nomination committee without additional director’s fees.

Hu, a senior accountant who has held multiple key roles including CFO, board secretary and executive director since 2008, will continue to serve as deputy Party Committee secretary, trade union chairman and now employee director. His transition from executive to employee director suggests a reshaping rather than a reduction of his role in governance, maintaining continuity for stakeholders while aligning the board’s composition with PRC company law and listed-company governance guidelines.

More about Dynagreen Environmental Protection Group Co., Ltd. Class H

Dynagreen Environmental Protection Group Co., Ltd. is a PRC-incorporated environmental services company listed in Hong Kong that focuses on environmental protection projects and related operations. The group’s activities are supported by a governance structure that includes executive, non-executive, independent and employee directors representing management, shareholders and staff interests.

Average Trading Volume: 2,897,465

Technical Sentiment Signal: Buy

Current Market Cap: HK$11.78B

Learn more about 1330 stock on TipRanks’ Stock Analysis page.