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China Foods Limited ( (HK:0506) ) has provided an update.
China Foods Limited announced changes in its board composition effective January 6, 2025. Mr. Qing Lijun has resigned as Managing Director due to a change in work arrangements and has been re-designated as a non-executive director while remaining Chairman of the Board. Mr. Zhan Zaizhong has been appointed as the new Managing Director and Chairman of the Executive Committee. These leadership changes may impact the company’s strategic direction and operations.
More about China Foods Limited
China Foods Limited operates in the beverage industry, with a focus on the production and marketing of beverages. It is a part of the COFCO Corporation, which holds a significant share in the company.
YTD Price Performance: -2.40%
Average Trading Volume: 1,423,434
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$6.83B
Learn more about 0506 stock on TipRanks’ Stock Analysis page.