Prinx Chengshan Revamps Board With Independent Director Change Effective 2026

The latest update is out from Prinx Chengshan Holdings Limited ( (HK:1809) ).

Prinx Chengshan Holdings Limited has announced that independent non-executive director Mr. Choi Tze Kit, Sammy will resign from the board, as well as from his roles as chairman of the audit committee and member of the nomination and remuneration committee, with effect from March 1, 2026. The company said Choi is stepping down to focus on his personal career development, adding that he has no disagreements with the board and no claims against the group, and the board expressed its gratitude for his service.

To fill the governance gap, the board has appointed seasoned capital markets professional Mr. Chan Chi Fung, Leo as an independent non-executive director effective March 1, 2026. Chan, a certified public accountant with extensive experience in investment banking and multiple Hong Kong-listed company directorships, is expected to bolster the company’s audit and oversight capabilities, reinforcing board independence and strengthening its corporate governance framework for investors and other stakeholders.

The most recent analyst rating on (HK:1809) stock is a Buy with a HK$9.00 price target. To see the full list of analyst forecasts on Prinx Chengshan Holdings Limited stock, see the HK:1809 Stock Forecast page.

More about Prinx Chengshan Holdings Limited

Prinx Chengshan Holdings Limited is a Hong Kong-listed company engaged through its subsidiaries in the broader industrial sector, although this announcement focuses on its corporate governance rather than operations. The group is listed on the Main Board of the Stock Exchange of Hong Kong under stock code 1809 and operates with a typical board structure that includes independent non-executive directors and key board committees.

Average Trading Volume: 386,826

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$5.2B

Find detailed analytics on 1809 stock on TipRanks’ Stock Analysis page.