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Fuyao Glass Industry Group Co., Ltd. Class H ( (HK:3606) ) has shared an announcement.
Fuyao Glass Industry Group Co., Ltd. has announced changes in its board composition and committees. The company is undergoing a transition with the resignation of Mr. Liu Jing, an independent non-executive Director, whose term is expiring. To maintain compliance with regulations and meet business needs, the company plans to amend its Articles of Association, eliminating the Board of Supervisors and appointing an employee Director. Additionally, Ms. Liu Xiaozhi and Ms. Cheng Yan have been nominated as candidates for independent non-executive Directors, with Ms. Zhang Haiyan nominated as an employee Director. These changes are aimed at ensuring that independent non-executive Directors make up at least one-third of the Board, which could impact the company’s governance structure and stakeholder relations.
The most recent analyst rating on (HK:3606) stock is a Buy with a HK$65.00 price target. To see the full list of analyst forecasts on Fuyao Glass Industry Group Co., Ltd. Class H stock, see the HK:3606 Stock Forecast page.
More about Fuyao Glass Industry Group Co., Ltd. Class H
Average Trading Volume: 2,187,380
Technical Sentiment Signal: Buy
Current Market Cap: HK$155.7B
Find detailed analytics on 3606 stock on TipRanks’ Stock Analysis page.