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Nexteer Automotive Announces Board Composition and Roles

Story Highlights
  • Nexteer Automotive operates in the automotive industry, focusing on steering systems.
  • The company announced its board composition, detailing roles and committee memberships.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nexteer Automotive Announces Board Composition and Roles

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Nexteer Automotive Group ( (HK:1316) ) has provided an update.

Nexteer Automotive Group Limited has announced the composition of its board of directors, detailing the roles and functions of each member. The board includes executive, non-executive, and independent non-executive directors, with specific members assigned to the Audit and Compliance Committee and the Remuneration and Nomination Committee. This announcement provides clarity on the governance structure of the company, potentially impacting its strategic direction and stakeholder confidence.

The most recent analyst rating on (HK:1316) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on Nexteer Automotive Group stock, see the HK:1316 Stock Forecast page.

More about Nexteer Automotive Group

Nexteer Automotive Group Limited is a company incorporated in the Cayman Islands, primarily operating in the automotive industry. The company focuses on the development and production of advanced steering and driveline systems, serving a global market with a focus on innovation and quality.

Average Trading Volume: 15,141,458

Technical Sentiment Signal: Buy

Current Market Cap: HK$17.14B

For a thorough assessment of 1316 stock, go to TipRanks’ Stock Analysis page.

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