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PATEO CONNECT Proposes Appointment of New Non-Executive Director

Story Highlights
  • PATEO CONNECT plans to appoint investment specialist Gu Yuekun as a non-executive director, subject to shareholder approval.
  • Gu’s extensive capital markets experience is expected to strengthen the board’s financial expertise without increasing director pay.
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PATEO CONNECT Proposes Appointment of New Non-Executive Director

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PATEO CONNECT Technology (Shanghai) Corporation Class H ( (HK:2889) ) just unveiled an announcement.

PATEO CONNECT Technology (Shanghai) Corporation has proposed the appointment of Gu Yuekun as a non-executive director for the company’s second board session, with his term to commence upon approval by shareholders and run until the end of that board’s tenure. Gu, a 36-year-old investment professional with a master’s degree in finance from Fudan University, brings extensive experience in equity and debt investment, financial innovation and industrial investment from roles at several Shanghai-based trust and investment firms, and currently serves as general manager of the Third Investment Division at Shanghai Guosheng Capital Management. The company emphasized that Gu has no prior roles within PATEO CONNECT or its subsidiaries, no relationships with existing directors, senior management or major shareholders, and no shareholding in the firm, and noted that if approved he will enter into a service contract but will not receive directors’ emoluments, signalling a governance-focused appointment that may strengthen the board’s financial and capital markets expertise without increasing director compensation. The firm plans to disclose further details of the shareholders’ meeting in line with Hong Kong listing requirements.

More about PATEO CONNECT Technology (Shanghai) Corporation Class H

PATEO CONNECT Technology (Shanghai) Corporation is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong under stock code 2889. The company operates in the technology sector, with a governance structure that includes executive, non-executive and independent non-executive directors overseeing its capital market activities and corporate operations.

Average Trading Volume: 81,283

For detailed information about 2889 stock, go to TipRanks’ Stock Analysis page.

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