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Joy Spreader Group Inc. Faces Board Changes and Compliance Challenges

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Joy Spreader Group Inc. Faces Board Changes and Compliance Challenges

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Joy Spreader Group Inc. ( (HK:6988) ) has issued an announcement.

Joy Spreader Group Inc. announced the resignation of Mr. Tang Wei as an independent non-executive director and chairman of the Audit Committee, effective November 28, 2025, due to his other business commitments. This resignation results in non-compliance with certain Hong Kong Stock Exchange listing rules, as the company now has only two independent non-executive directors and two members on the Audit Committee. The company is actively seeking suitable candidates to fill these roles to ensure compliance. Additionally, the company has changed its registered office address to a new location in the Cayman Islands.

The most recent analyst rating on (HK:6988) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Joy Spreader Group Inc. stock, see the HK:6988 Stock Forecast page.

More about Joy Spreader Group Inc.

Average Trading Volume: 1,098,382

Technical Sentiment Signal: Sell

Current Market Cap: HK$283.3M

For detailed information about 6988 stock, go to TipRanks’ Stock Analysis page.

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