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Shanghai XNG Overhauls Board Committees With New Independent Director Appointment

Story Highlights
  • Shanghai XNG’s long-serving independent director Leung Yiu Cho resigned from the board and key committees.
  • The company appointed seasoned accountant Chan Sze Man as new independent director and audit chair to bolster governance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shanghai XNG Overhauls Board Committees With New Independent Director Appointment

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Shanghai XNG Holdings Limited ( (HK:3666) ) has provided an announcement.

Shanghai XNG Holdings Limited announced a board reshuffle, with independent non-executive director Mr. Leung Yiu Cho resigning from the board and stepping down as chairman of the audit committee and member of the remuneration, nomination and risk management committees, effective 23 December 2025, to focus on personal engagements. The company has appointed experienced accountant and corporate director Ms. Chan Sze Man as an independent non-executive director, chairman of the audit committee and member of the same key board committees, on a three-year term with an annual remuneration of HK$180,000; her extensive background in audit, finance and Hong Kong-listed companies is expected to support the group’s governance, audit quality and regulatory compliance, helping maintain continuity in board oversight following the leadership change.

The most recent analyst rating on (HK:3666) stock is a Hold with a HK$0.04 price target. To see the full list of analyst forecasts on Shanghai XNG Holdings Limited stock, see the HK:3666 Stock Forecast page.

More about Shanghai XNG Holdings Limited

Shanghai XNG Holdings Limited is a Cayman Islands-incorporated company listed on the Main Board of the Hong Kong Stock Exchange under stock code 3666. While the announcement does not specify its business lines, the group operates in a regulated environment that requires a formal board structure, independent non-executive oversight and multiple governance committees, indicating a relatively sizable and compliance-focused listed enterprise.

Average Trading Volume: 14,719,892

Technical Sentiment Signal: Hold

Current Market Cap: HK$100.9M

See more data about 3666 stock on TipRanks’ Stock Analysis page.

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