Shanghai XNG Holdings Announces Board Reshuffle

The latest update is out from Shanghai XNG Holdings Limited ( (HK:3666) ).

Shanghai XNG Holdings Limited announced significant changes in its board of directors, effective January 21, 2025. Ms. Wang Huili and Ms. Wu Wen have resigned from their respective positions as executive and non-executive directors, citing personal commitments, while Mr. Gu Dorson and Ms. Gu Lina have been appointed as executive and non-executive directors, respectively. Mr. Gu brings extensive experience in e-commerce and the agri-food industry, strengthening the company’s strategic management and industry positioning. The board expressed gratitude towards the departing directors for their contributions, and these changes are expected to influence the company’s operational focus and investor relations.

More about Shanghai XNG Holdings Limited

Shanghai XNG Holdings Limited operates in industries such as direct e-commerce, FMCG retail, and agri-food processing and retail industry chains. The company focuses on business development in these sectors, leveraging experience in international finance and extensive industry expertise.

YTD Price Performance: -20.83%

Average Trading Volume: 1,052,044

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$42.05M

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