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Redsun Services Group Ltd ( (HK:1971) ) has shared an update.
Redsun Services Group Limited has announced the resignation of non-executive director and chairman Zeng Junkai, who is also stepping down as chairman of the nomination committee, member of the audit committee and authorised representative, effective 14 January 2026, to focus on personal commitments. The company stated that Zeng’s departure will not affect the board’s quorum or normal operations and noted there is no disagreement between him and the board. On the same date, the board appointed Jia Hongbo, currently joint company secretary and a long-serving senior member within the controlling shareholder Hong Yang Group, as executive director, chairman, chairman of the nomination committee and authorised representative. With nearly two decades of engineering management experience and more than a decade in corporate governance and company secretarial work, including handling IPO and ongoing compliance for Redsun entities, Jia’s elevation signals a continuity-focused leadership transition that reinforces governance expertise at the top of the company without disrupting existing board functions.
The most recent analyst rating on (HK:1971) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Redsun Services Group Ltd stock, see the HK:1971 Stock Forecast page.
More about Redsun Services Group Ltd
Redsun Services Group Limited is a Hong Kong-listed company incorporated in the Cayman Islands, operating as part of the broader Hong Yang Group, with connections to property-related businesses including Redsun Properties Group Limited. The group’s operations appear closely tied to real estate services and corporate governance functions within the wider Hong Yang ecosystem, reflecting a focus on supporting listed entities in compliance, disclosure and operational management.
Average Trading Volume: 380,115
Technical Sentiment Signal: Sell
Current Market Cap: HK$168.1M
Find detailed analytics on 1971 stock on TipRanks’ Stock Analysis page.