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Ever Reach Group Holdings Co., Ltd. ( (HK:3616) ) has provided an update.
Ever Reach Group (Holdings) Company Limited announced that executive director Qi Chunfeng has retired from the board and the nomination committee effective 30 December 2025, with the company emphasizing that her departure involves no disagreement with the board and expressing thanks for her contributions. On the same date, Li Man, currently assistant to the CEO of subsidiary Xuchang Hengda and a long-serving finance executive within the Group, has been appointed as an executive director and nomination committee member on a three-year term without director’s remuneration, a move that both reinforces financial oversight at board level and further consolidates the influence of the Li family, given her relationship to chairman and controlling shareholder Li Xiaobing.
The most recent analyst rating on (HK:3616) stock is a Hold with a HK$0.39 price target. To see the full list of analyst forecasts on Ever Reach Group Holdings Co., Ltd. stock, see the HK:3616 Stock Forecast page.
More about Ever Reach Group Holdings Co., Ltd.
Ever Reach Group (Holdings) Company Limited is a Cayman Islands-incorporated company listed in Hong Kong, with its operations conducted through subsidiaries including Xuchang Hengda Property Group Company Limited, which is engaged in property-related business in mainland China. The Group’s management structure includes a board of directors and nomination committee overseeing governance and senior appointments.
Average Trading Volume: 87,183
Technical Sentiment Signal: Buy
Current Market Cap: HK$366M
See more data about 3616 stock on TipRanks’ Stock Analysis page.