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Sinotrans ( (HK:0598) ) has provided an announcement.
Sinotrans Limited has announced significant changes in its leadership, with the resignation of Mr. Wang Xiufeng as Chairman and Director, effective March 14, 2025, due to work re-allocation. Mr. Wang’s departure will not impact the company’s board operations or its quorum. The company has expressed gratitude for his contributions. Additionally, the board has approved the appointment of Mr. Zhang Yi as a new director, pending shareholder approval, marking a strategic shift in leadership that could influence the company’s future direction.
More about Sinotrans
Sinotrans Limited is a joint stock limited company incorporated in the People’s Republic of China, operating in the logistics and transportation industry. The company focuses on providing comprehensive logistics services, including freight forwarding, shipping agency, and express services.
YTD Price Performance: 1.30%
Average Trading Volume: 975
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $4.65B
For detailed information about 0598 stock, go to TipRanks’ Stock Analysis page.