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Shandong International Trust Wins Strong Shareholder Backing for New Board Line-up

Story Highlights
  • Shareholders at Shandong International Trust’s 2026 EGM approved all resolutions by poll, with around 85% of issued share capital represented and no major opposition or voting restrictions reported.
  • Investors overwhelmingly backed the appointments of two executive and two non-executive directors, pending regulatory approval, reshaping the board and potentially influencing the trust firm’s future governance and strategy.
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Shandong International Trust Wins Strong Shareholder Backing for New Board Line-up

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Shandong International Trust Corp. Class H ( (HK:1697) ) has issued an announcement.

Shandong International Trust Co., Ltd. reported that its first extraordinary general meeting of 2026 in Jinan was duly convened in compliance with PRC company law and its articles, with shareholders representing about 85% of issued share capital participating. All resolutions put forward, including several board appointments, were decided by poll with no voting restrictions or recorded opposition from major shareholders.

Shareholders overwhelmingly approved the appointments of Zhao Zikun and Tian Zhiguo as executive directors and Pan Liquan and Chen Ping as non-executive directors, each securing more than 99.99% of votes cast. The changes, which remain subject to clearance by the National Financial Regulatory Administration, signal a refreshed board composition that could shape the company’s governance and strategic direction once regulatory approval is obtained.

More about Shandong International Trust Corp. Class H

Shandong International Trust Co., Ltd. is a PRC-based financial institution engaged in the trust and wealth management business, offering structured financing, asset management and related fiduciary services to domestic and overseas investors. Listed in Hong Kong with both domestic and H shares, the company targets institutional and high net-worth clients seeking diversified investment and financing solutions within China’s regulated trust industry.

Average Trading Volume: 230,154

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1.61B

For detailed information about 1697 stock, go to TipRanks’ Stock Analysis page.

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