Lens Technology Moves to Bolster Governance With New Independent Director

Lens Technology Co. Ltd. Class H ( (HK:6613) ) just unveiled an announcement.

Lens Technology Co., Ltd. has proposed the appointment of accounting academic and veteran independent director Mr. Tang Xiangxi as an independent non-executive director, filling the vacancy left by the late Mr. Xie Zhiming. Subject to shareholder approval at an upcoming general meeting, Mr. Tang will also assume the roles of chairman of the audit committee and chairman of the remuneration and appraisal committee, with a term running until the end of the current board session and annual remuneration set at RMB130,000. The nomination, which restores compliance with Hong Kong listing requirements on board and committee composition, brings back to the company a seasoned governance expert with deep accounting and finance credentials, extensive experience on multiple listed-company boards, and prior service as an independent director of Lens Technology, reinforcing the group’s oversight capabilities and corporate governance framework.

The most recent analyst rating on (HK:6613) stock is a Buy with a HK$38.00 price target. To see the full list of analyst forecasts on Lens Technology Co. Ltd. Class H stock, see the HK:6613 Stock Forecast page.

More about Lens Technology Co. Ltd. Class H

Lens Technology Co., Ltd. is a China-incorporated company listed in Hong Kong that operates in the technology hardware and components sector, best known for manufacturing glass and related components used in consumer electronics devices. Through its subsidiaries, the group supplies precision glass and other materials to leading electronics brands, positioning itself as a key upstream supplier in the global consumer electronics supply chain.

Average Trading Volume: 8,414,610

Technical Sentiment Signal: Strong Buy

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