Midea Group Co. Ltd. Class H ( (HK:0300) ) has provided an announcement.
Midea Group Co., Ltd. announced changes in its executive team, with Mr. Jiang Peng resigning as Joint Company Secretary, effective March 28, 2025, while continuing in other roles within the company. Ms. Gao Shu has been appointed as the new Joint Company Secretary, bringing over 14 years of experience in capital markets and corporate governance. Despite not meeting the formal qualifications under Hong Kong’s Listing Rules, Ms. Gao’s appointment was approved with a waiver, supported by her familiarity with the company and her collaboration with Ms. Lai Siu Kuen, the other Joint Company Secretary. This change is expected to strengthen Midea’s corporate governance and investor relations.
More about Midea Group Co. Ltd. Class H
Midea Group Co., Ltd. is a leading Chinese company operating in the home appliances and consumer electronics industry. The company focuses on producing a wide range of products including air conditioners, refrigerators, washing machines, and small kitchen appliances, catering to both domestic and international markets.
YTD Price Performance: 2.58%
Average Trading Volume: 6,026,631
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$650.5B
See more data about 0300 stock on TipRanks’ Stock Analysis page.