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Ganfeng Lithium Co ( (HK:1772) ) has provided an update.
Ganfeng Lithium has announced that independent non-executive director Xu Yixin will retire upon the expiry of her six-year term in March 2026, with her departure to coincide with the election of a new independent director at the next general meeting. In preparation, the board has nominated veteran corporate lawyer Xu Jianzhang as an independent non-executive director, subject to shareholder approval, setting his annual remuneration at RMB80,000 and emphasizing that he meets Hong Kong listing independence requirements, a move that underscores the company’s focus on board renewal and regulatory-compliant governance.
Mr. Xu, a senior partner at Jiangxi Yuzhang Lawfirm and general counsel to Jiangling Motors Group, brings extensive experience in corporate, finance, and construction law, having advised more than 300 entities and handled over a thousand civil and commercial cases. The board and its nomination committee believe his legal and corporate governance expertise, alongside his lack of ties to the company or its core connected persons, will support Ganfeng Lithium’s oversight and strengthen investor confidence in its independent board structure.
The most recent analyst rating on (HK:1772) stock is a Hold with a HK$63.00 price target. To see the full list of analyst forecasts on Ganfeng Lithium Co stock, see the HK:1772 Stock Forecast page.
More about Ganfeng Lithium Co
Ganfeng Lithium Group Co., Ltd. is a China-based company operating in the lithium industry, focusing on the production and supply of lithium products used in batteries and related applications. Listed in Hong Kong, the group serves global new-energy and battery markets, where governance and board independence are closely watched by investors and regulators.
Average Trading Volume: 20,907,417
Technical Sentiment Signal: Buy
Current Market Cap: HK$138.6B
For an in-depth examination of 1772 stock, go to TipRanks’ Overview page.