Midea Group Announces Board Composition and Committee Roles

Midea Group Co. Ltd. Class H ( (HK:0300) ) has shared an update.

Midea Group Co., Ltd. has announced the current composition of its board of directors, highlighting the roles and functions of each member. The board consists of executive, non-executive, and independent non-executive directors, with Mr. Fang Hongbo serving as the Chairman and CEO. The board is structured into four committees: Audit, Remuneration and Evaluation, Nomination, and Strategy, with specific members assigned to each committee. This announcement underscores the company’s commitment to strong corporate governance and strategic oversight, which is crucial for maintaining its competitive edge and operational efficiency.

The most recent analyst rating on (HK:0300) stock is a Buy with a HK$101.00 price target. To see the full list of analyst forecasts on Midea Group Co. Ltd. Class H stock, see the HK:0300 Stock Forecast page.

More about Midea Group Co. Ltd. Class H

Midea Group Co., Ltd. is a leading company in the home appliances and HVAC (heating, ventilation, and air conditioning) industry, primarily focusing on the manufacturing and distribution of a wide range of consumer electronics and appliances. Based in China, Midea Group is known for its innovative solutions and strong market presence both domestically and internationally.

Average Trading Volume: 7,298,568

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$653.2B

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