Sinopec Oilfield Service Names Li Lizhi Employee Representative Director

Sinopec Oilfield Service ( (HK:1033) ) has shared an announcement.

Sinopec Oilfield Service Corporation has elected veteran human resources executive Li Lizhi as the employee representative director on its eleventh board of directors, with a term running from 27 March 2026 until the end of that board’s tenure. Li, a 58-year-old senior engineer who has held multiple leadership roles in the company’s human resources and Party committee departments, will serve under a state-regulated remuneration framework disclosed in future annual reports.

The appointment underscores the company’s practice of incorporating internal employee representation at board level while adhering to PRC corporate governance rules and Hong Kong disclosure requirements. The board confirmed that Li holds no interests in the company’s shares, no recent directorships in other listed firms and has not been subject to regulatory or disciplinary sanctions, signaling continuity and compliance-focused governance for stakeholders.

The most recent analyst rating on (HK:1033) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on Sinopec Oilfield Service stock, see the HK:1033 Stock Forecast page.

More about Sinopec Oilfield Service

Sinopec Oilfield Service Corporation is a Hong Kong–listed oilfield services provider affiliated with China Petrochemical Corporation, focusing on engineering, technical and support services for the petroleum and petrochemical industry. The company operates under PRC company law and Hong Kong listing rules, with a board comprising executive, non-executive, independent and employee representative directors.

Average Trading Volume: 287,755,856

Technical Sentiment Signal: Buy

Current Market Cap: HK$50.38B

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