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The latest announcement is out from Haitian International Holdings ( (HK:1882) ).
Haitian International announced that executive director Mr. Chen Weiqun and independent non-executive directors Mr. Lou Baijun and Mr. Guo Yonghui will retire at the May 2026 AGM, with Mr. Chen stepping down to focus on other commitments and Mr. Lou and Mr. Guo leaving after serving more than nine years to align with updated Hong Kong listing rules and enhance board renewal and diversity. The company plans to appoint senior manager Mr. Xiang Linfa as an executive director and nominate Ms. Bei Hongjun and Mr. Shi Jianhui as independent non-executive directors, alongside a reshuffle of audit, remuneration, and nomination committee chairmanships and memberships to leverage their governance and industry experience and support the group’s overseas business development and board oversight.
Subject to shareholder approval, Ms. Bei will chair the remuneration committee and join the audit and nomination committees, while Mr. Shi will chair the nomination committee and join the remuneration committee, and existing independent director Ms. Yu Junxian will assume the audit committee chair as part of a broader governance refresh. Mr. Xiang, currently vice president and director of overseas sales with a long tenure in various operational and international roles within the group, will serve a three-year term as executive director under a service contract without a director’s fee, signalling continuity in management and a focus on strengthening the company’s expanding global operations.
The most recent analyst rating on (HK:1882) stock is a Hold with a HK$26.00 price target. To see the full list of analyst forecasts on Haitian International Holdings stock, see the HK:1882 Stock Forecast page.
More about Haitian International Holdings
Haitian International Holdings Limited is a Cayman Islands-incorporated company listed in Hong Kong that focuses on plastics machinery and related equipment, with substantial overseas operations. The group manages manufacturing, quality inspection, after-sales services, and global sales through a network of subsidiaries across markets including Brazil, Singapore, Hong Kong, Japan, Germany, Vietnam, and Mexico.
YTD Price Performance: 3.97%
Average Trading Volume: 2,212,423
Technical Sentiment Signal: Buy
Current Market Cap: HK$36.77B
See more data about 1882 stock on TipRanks’ Stock Analysis page.