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China Foods Limited ( (HK:0506) ) has shared an update.
China Foods Limited announced the resignation of Mr. SHEN Xinwen as an executive director and chairman of the environmental, social, and governance committee, effective August 26, 2025, due to a change in work arrangement. Mr. SONG Liang has been appointed as a non-executive director, bringing extensive experience from COFCO Corporation. This leadership change may impact the company’s strategic direction and governance structure, with efforts underway to fill the vacant chairman position within three months.
The most recent analyst rating on (HK:0506) stock is a Buy with a HK$3.50 price target. To see the full list of analyst forecasts on China Foods Limited stock, see the HK:0506 Stock Forecast page.
More about China Foods Limited
China Foods Limited, incorporated in Bermuda, operates within the food industry, focusing on the production and distribution of food products. The company is a subsidiary of COFCO Corporation, a substantial shareholder, which is involved in cereals, oils, and foodstuffs import and export.
Average Trading Volume: 1,411,672
Technical Sentiment Signal: Buy
Current Market Cap: HK$9.68B
Find detailed analytics on 0506 stock on TipRanks’ Stock Analysis page.