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Huitongda Network Sets Out Board Line-Up and Key Governance Committees

Story Highlights
  • Huitongda Network disclosed its full board lineup, naming the chairman, CEO, and other executive, non-executive, and independent directors.
  • The company detailed membership of five key board committees, signaling a strong focus on governance, oversight, and ESG responsibilities.
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Huitongda Network Sets Out Board Line-Up and Key Governance Committees

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The latest update is out from Huitongda Network Co., Ltd. Class H ( (HK:9878) ).

Huitongda Network Co., Ltd. has announced the current composition of its board of directors, led by chairman and non-executive director Wang Jianguo and chief executive officer and executive director Xu Xiuxian, alongside other executive, non-executive and independent non-executive directors. The company also detailed the membership of five specialized board committees — Audit, Remuneration and Appraisal, Nomination, Strategy and Sustainable Development (ESG) — underscoring its emphasis on formal governance structures and delineated oversight roles for key areas of corporate management.

These committee assignments highlight how independent directors, particularly Yu Lixin and Liu Xiangdong, are positioned in chair roles across audit, nomination and remuneration functions to enhance oversight. The clarified division of responsibilities is likely aimed at reinforcing transparency, accountability and ESG integration for investors and other stakeholders within the Hong Kong regulatory environment.

More about Huitongda Network Co., Ltd. Class H

Huitongda Network Co., Ltd. is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong under stock code 9878. The company operates through a board structure that includes executive, non-executive and independent non-executive directors, reflecting a governance framework aligned with capital market expectations.

Average Trading Volume: 268,316

Technical Sentiment Signal: Sell

Current Market Cap: HK$3.81B

For an in-depth examination of 9878 stock, go to TipRanks’ Overview page.

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