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Guangdong Yueyun Transportation Reshapes Board as Hu Jian Shifts to Employee Representative Role

Story Highlights
  • Guangdong Yueyun Transportation’s governance was reshaped as Hu Jian resigned as executive director.
  • Employee representatives elected Hu Jian as an employee representative director, keeping him on the board.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Guangdong Yueyun Transportation Reshapes Board as Hu Jian Shifts to Employee Representative Role

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Guangdong Yueyun Transportation Co., Ltd. Class H ( (HK:3399) ) has issued an announcement.

Guangdong Yueyun Transportation Company Limited announced that Mr. Hu Jian has resigned as an executive director with immediate effect as part of an adjustment to the company’s corporate governance structure, with both the board and Mr. Hu confirming there are no disagreements or other matters requiring shareholder attention. On the same day, employee representatives elected Mr. Hu as an employee representative director for the ninth session of the board, formalizing his continued role in governance from an employee-representative position, with his remuneration to be set under a service contract and determined by the board and remuneration committee, underscoring the company’s emphasis on employee participation in board-level oversight.

The most recent analyst rating on (HK:3399) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Guangdong Yueyun Transportation Co., Ltd. Class H stock, see the HK:3399 Stock Forecast page.

More about Guangdong Yueyun Transportation Co., Ltd. Class H

Guangdong Yueyun Transportation Company Limited is a PRC-incorporated joint stock company listed in Hong Kong, operating in the transportation sector through a group structure. The company is overseen by a board comprising executive, non-executive, independent non-executive, and employee representative directors, reflecting a corporate governance framework that integrates both management and employee participation in decision-making.

Average Trading Volume: 274,583

Technical Sentiment Signal: Hold

Current Market Cap: HK$1.29B

See more data about 3399 stock on TipRanks’ Stock Analysis page.

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