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Jilin Province Chuncheng Heating Company Limited Class H ( (HK:1853) ) has shared an announcement.
Jilin Province Chuncheng Heating Company Limited, a PRC-incorporated urban heating services provider listed in Hong Kong, maintains a diversified board with executive, non-executive, independent non-executive and employee directors to oversee its utility operations and regulatory obligations. This governance setup underpins its compliance with listing requirements and supports stable management of its heating business.
The company announced that executive director, deputy general manager and financial controller Xu Chungang will resign on 7 May 2026, stepping down also from the remuneration committee and his role as an authorized representative, with no disagreements reported. The board has appointed executive director Zhang Liming as a member of the remuneration committee and as an authorized representative from the same date, ensuring continuity in board committee responsibilities and regulatory liaison for shareholders and the exchange.
More about Jilin Province Chuncheng Heating Company Limited Class H
Jilin Province Chuncheng Heating Company Limited is a joint stock limited liability company incorporated in the People’s Republic of China and listed in Hong Kong. The company operates in the heating services sector, providing urban heating solutions, with its board comprising executive, non-executive, independent non-executive and employee directors reflecting a typical state-linked utility governance structure.
The company’s governance framework emphasizes compliance with Hong Kong listing rules, including designated board committees and authorized representatives. Its structure supports oversight of remuneration and regulatory communication, which is critical for maintaining investor confidence and ensuring continuity in its heating operations and stakeholder engagement.
Average Trading Volume: 10,416
Technical Sentiment Signal: Hold
Current Market Cap: HK$765.4M
For detailed information about 1853 stock, go to TipRanks’ Stock Analysis page.