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Jiangsu Expressway Chairman Steps Down Amid Job Reassignment

Story Highlights
  • Jiangsu Expressway chairman Chen Yunjiang resigned from all posts due to job reassignment.
  • The board expects no operational or financial disruption and will appoint a new director.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jiangsu Expressway Chairman Steps Down Amid Job Reassignment

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The latest announcement is out from Jiangsu Expressway Co ( (HK:0177) ).

Jiangsu Expressway announced that Chairman Chen Yunjiang has resigned from his roles as chairman, strategy committee convener and director, effective 3 March 2026, due to job reassignment. He will no longer hold any position in the company, and his original term had been scheduled to run until June 2027.

The board stated that Chen’s departure will not reduce director numbers below quorum, nor affect the company’s daily management, business operations or debt-repayment capacity, and a replacement director will be elected in due course. Chen reported no disagreements with the board, and the company credited him with contributing to its sustainable and stable development during his tenure.

The most recent analyst rating on (HK:0177) stock is a Hold with a HK$11.50 price target. To see the full list of analyst forecasts on Jiangsu Expressway Co stock, see the HK:0177 Stock Forecast page.

More about Jiangsu Expressway Co

Jiangsu Expressway Company Limited is a PRC-based joint-stock company primarily engaged in the investment, construction, operation and management of expressways and related infrastructure in Jiangsu Province. Listed in Hong Kong, it operates within China’s transport infrastructure sector, providing toll road services that support regional connectivity and economic activity.

Average Trading Volume: 6,199,543

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$64.74B

Learn more about 0177 stock on TipRanks’ Stock Analysis page.

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