Feishang Anthracite Resources Reshapes Board With Executive Exits and New HKEX Representative

The latest update is out from Feishang Anthracite Resources ( (HK:1738) ).

Feishang Anthracite Resources announced the resignation of executive directors He Jianhu, Tam Cheuk Ho and Wong Wah On Edward, effective 10 March 2026, citing other business and personal commitments. The three departing directors reported no disagreements with the board, and the company publicly thanked them for their contributions during their tenure.

Following Wong Wah On Edward’s departure, he also ceased to serve as the company’s authorised representative under Hong Kong listing rules from the same date. Independent non-executive director Liang Ying has been appointed to assume the authorised representative role, signalling continuity in regulatory liaison and corporate governance arrangements despite the senior management changes.

The most recent analyst rating on (HK:1738) stock is a Hold with a HK$0.11 price target. To see the full list of analyst forecasts on Feishang Anthracite Resources stock, see the HK:1738 Stock Forecast page.

More about Feishang Anthracite Resources

Feishang Anthracite Resources Limited is a Hong Kong-listed company incorporated in the British Virgin Islands, focused on the anthracite coal sector. The group operates within the broader resources and mining industry, supplying coal products that support energy and industrial demand, and is governed by a board comprising executive and independent non-executive directors.

YTD Price Performance: 11.76%

Average Trading Volume: 1,262,276

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$157.4M

For a thorough assessment of 1738 stock, go to TipRanks’ Stock Analysis page.