New Hope Service Revamps Board Committees With New Independent Director

An update from New Hope Service Holdings Limited ( (HK:3658) ) is now available.

New Hope Service Holdings Limited has announced the resignation of independent non-executive director Cao Qilin, who also served as chairman of the remuneration committee and a member of the nomination committee, effective 16 March 2026. The company said Cao is stepping down to focus on personal affairs and noted he has no disagreement with the board or concerns requiring shareholder or exchange attention.

The board has appointed Li Ruojun as an independent non-executive director, chairperson of the remuneration committee, and member of the nomination committee from the same date, ensuring continuity in key governance roles. Li brings over twelve years of experience in cross-border finance, real estate investment and private equity fund management, and will serve a three-year term with standard re-election and rotation provisions, signaling the company’s continued emphasis on experienced oversight in its board committees.

The most recent analyst rating on (HK:3658) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on New Hope Service Holdings Limited stock, see the HK:3658 Stock Forecast page.

More about New Hope Service Holdings Limited

New Hope Service Holdings Limited is a Hong Kong-listed company providing property-related services through a group structure. The group operates under the regulatory framework of the Hong Kong Stock Exchange, with a governance structure that includes independent non-executive directors and specialized board committees focusing on remuneration and nominations.

Average Trading Volume: 223,543

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$1.61B

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