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Qilu Expressway Co., Ltd. Class H ( (HK:1576) ) has shared an announcement.
Shareholders of Qilu Expressway Company Limited approved the appointment of Li Tianzhang as an executive director at an extraordinary general meeting held in Jinan on 21 May 2026, with about 91.78% of issued shares represented and the resolution passing with an overwhelming majority. The meeting was conducted in compliance with PRC company law and Hong Kong listing rules, with independent scrutiny of the poll by the company’s H-share registrar and legal advisers.
Following the shareholder vote, the board elected Li Tianzhang as chairman of the third session of the board, legal representative, authorised representative under Hong Kong listing rules, and chairman of both the nomination and strategy committees. These leadership changes consolidate key governance roles under Li, while previous role holders Wang Lingfang and Duan Peng step back from the nomination committee chairmanship and authorised representative position respectively, signaling a reconfiguration of the company’s top governance structure.
More about Qilu Expressway Co., Ltd. Class H
Qilu Expressway Company Limited is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong, operating in the expressway and related infrastructure sector. The company manages toll road assets in Shandong Province, serving regional transport needs and supporting economic activity through its highway network and associated services.
Average Trading Volume: 75,018
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.6B
For an in-depth examination of 1576 stock, go to TipRanks’ Overview page.