Henan Jinyuan Hydrogenated Chemicals Reshapes Board With New Director and Supervisor Appointments

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H ( (HK:2502) ) has shared an update.

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. announced that non-executive director Wang Kaibao and shareholder representative supervisor Wu Zhiqiang will resign following the upcoming extraordinary general meeting, with Wang also stepping down from the audit committee and as chairman of the strategy committee, though both departing executives reported no disagreements with the board. To fill the vacancies and maintain continuity in governance and strategic oversight, the board is proposing the appointment of Henan Jinma Energy deputy chairman and senior engineer Xu Fenglei as a non-executive director, and Zhou Feng as a shareholder representative supervisor, both to serve until the end of the current board and supervisory committee term without additional remuneration, reinforcing the company’s links with its controlling shareholder and its focus on safety, environmental protection and carbon-neutrality expertise.

The most recent analyst rating on (HK:2502) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H stock, see the HK:2502 Stock Forecast page.

More about Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. is a PRC-based hydrogenated chemicals producer listed in Hong Kong, operating within the broader coal chemical and hydrogenation materials value chain and serving industrial customers through its association with controlling shareholder Henan Jinma Energy and related heavy-industry groups.

Average Trading Volume: 234,117

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$685.7M

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