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Hengdeli Sets Formal Mandate for Board Nomination Committee to Strengthen Governance and Diversity Oversight

Story Highlights
  • Hengdeli has formalised a Nomination Committee with mostly independent directors and gender diversity.
  • The committee will oversee board composition, independence, diversity and succession, bolstering governance transparency.
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Hengdeli Sets Formal Mandate for Board Nomination Committee to Strengthen Governance and Diversity Oversight

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An update from Hengdeli Holdings ( (HK:3389) ) is now available.

Hengdeli Holdings has formalised the terms of reference for its Nomination Committee, setting out its composition, authority and responsibilities in line with Hong Kong listing requirements. The committee must comprise at least three members, with a majority being independent non-executive directors and at least one director of a different gender, and will meet at least once a year to review board structure and composition.

The Nomination Committee is tasked with assessing director independence, overseeing board diversity, supporting performance evaluations and advising on appointments, reappointments and succession planning for key leadership roles. The board has committed to providing sufficient resources and access to independent professional advice, underscoring an emphasis on stronger governance, transparency and diversity disclosures that are likely to be closely watched by investors and other stakeholders.

The most recent analyst rating on (HK:3389) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Hengdeli Holdings stock, see the HK:3389 Stock Forecast page.

More about Hengdeli Holdings

Hengdeli Holdings Limited is a Hong Kong–listed company incorporated in the Cayman Islands, operating under a board of directors structure common to regional listed firms. The company maintains standard corporate governance practices, including specialized board committees to oversee key areas such as nominations, governance and compliance with local listing rules.

Average Trading Volume: 6,561,275

Technical Sentiment Signal: Hold

Current Market Cap: HK$805.9M

For an in-depth examination of 3389 stock, go to TipRanks’ Overview page.

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