Haichang Ocean Park Revamps Board and Installs New Chairman and CEO

Haichang Ocean Park Holdings Ltd. ( (HK:2255) ) has provided an update.

Haichang Ocean Park Holdings has overhauled its board and senior management, with chairman and chief executive officer Yu Faxiang resigning to address personal matters linked to issues at Sunriver Holding Group, and executive director and authorised representative Zhan Xinwei stepping down due to work adjustments. The company has appointed tourism and investment veteran Liu Jiangtao as executive director and new board chairman, alongside the addition of Li Hanqiang and He Qigen as non-executive directors, signalling a shift in governance and strategic leadership. Liu, who brings more than two decades of experience in travel services and corporate investment and has held senior roles at HNA Group and Caissa Tourism, will serve an initial three-year term and is subject to shareholder re-election, while the company has disclosed his prior regulatory penalty in China and his stated commitment to improved compliance and information disclosure, reflecting heightened attention to governance standards.

The most recent analyst rating on (HK:2255) stock is a Sell with a HK$0.54 price target. To see the full list of analyst forecasts on Haichang Ocean Park Holdings Ltd. stock, see the HK:2255 Stock Forecast page.

More about Haichang Ocean Park Holdings Ltd.

Haichang Ocean Park Holdings Ltd. is a Hong Kong-listed operator of marine-themed parks and tourism attractions, focusing on leisure and entertainment services for visitors in China. The company develops and manages ocean parks and related tourism facilities, positioning itself within the broader travel and tourism industry.

Average Trading Volume: 47,580,726

Technical Sentiment Signal: Sell

Current Market Cap: HK$7.27B

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