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Shandong International Trust Strengthens Board With Two New Non-Executive Directors

Story Highlights
  • Shandong International Trust plans to appoint Pan Liquan and Chen Ping as non-executive directors, pending regulatory and shareholder approvals.
  • The new directors will bolster audit, risk, and consumer protection oversight, reinforcing the firm’s governance under its current board term and pay policies.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shandong International Trust Strengthens Board With Two New Non-Executive Directors

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An update from Shandong International Trust Corp. Class H ( (HK:1697) ) is now available.

Shandong International Trust Co., Ltd. has proposed the appointment of Mr. Pan Liquan and Mr. Chen Ping as non-executive directors, subject to shareholder approval and clearance from the National Financial Regulatory Administration, with Pan also joining the Audit Committee and Chen joining both the Trust and Consumer Rights Protection Committee and the Related Party Transaction Control Committee. The appointments, bringing in senior expertise in accounting, risk management and compliance from major regional financial and telecom-related entities, are expected to strengthen the company’s governance and oversight structure, with their terms aligned to the current fourth board session and remuneration set under existing director pay policies.

The most recent analyst rating on (HK:1697) stock is a Hold with a HK$0.36 price target. To see the full list of analyst forecasts on Shandong International Trust Corp. Class H stock, see the HK:1697 Stock Forecast page.

More about Shandong International Trust Corp. Class H

Shandong International Trust Co., Ltd. is a Chinese financial services company operating as a trust and investment institution, with its H shares listed on the Hong Kong Stock Exchange. The firm focuses on providing trust, asset management and related financial products to institutional and retail clients, operating under China’s evolving regulatory framework for non‑bank financial institutions.

Average Trading Volume: 295,682

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.75B

For an in-depth examination of 1697 stock, go to TipRanks’ Overview page.

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