Shanghai Electric Appoints Wang Chenhao as Employee Director to Sixth Session Board

Shanghai Electric Group Company ( (HK:2727) ) has provided an announcement.

Shanghai Electric Group Company Limited has announced the election of 56-year-old Wang Chenhao as the employee director of its sixth session board, following his selection at the company’s recent employee representative meeting. Wang, who currently serves as deputy Party Committee secretary, chairman of the company’s labour union and holds various leadership roles in related Shanghai industrial and educational bodies, will join the board for a three-year term commencing upon approval by the general meeting, with his remuneration to be determined based on company performance, responsibilities and market conditions. The appointment underscores the firm’s emphasis on employee representation and Party-linked governance within its board structure, potentially reinforcing internal oversight and alignment with broader state-owned enterprise management practices.

The most recent analyst rating on (HK:2727) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Shanghai Electric Group Company stock, see the HK:2727 Stock Forecast page.

More about Shanghai Electric Group Company

Shanghai Electric Group Company Limited is a major Chinese industrial conglomerate focused on power equipment, energy solutions and high-end manufacturing, serving both domestic and international markets. Listed in Hong Kong, the group operates across multiple segments of the mechanical and electrical engineering industry, underpinned by close integration with state-owned industrial and party-affiliated governance structures.

Average Trading Volume: 44,909,562

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$142.5B

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