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Sunfonda Group Holdings Ltd. ( (HK:1771) ) has provided an update.
Sunfonda Group Holdings Limited has announced that independent non-executive director Dr. Liu Xiaofeng will step down from the board and from the audit, nomination and remuneration committees with effect from 31 December 2025, citing a desire to focus on other personal commitments and confirming there is no disagreement with the board or other issues requiring shareholder attention. The company has appointed industry veteran Mou Junfa as an independent non-executive director and member of the same three committees from the same date, bringing more than four decades of experience in mining machinery and unmanned driving technology to the board; his appointment, on a two-year initial term with a fixed annual fee, is expected to strengthen the group’s technical expertise and corporate governance as it continues to develop its business in a competitive market.
The most recent analyst rating on (HK:1771) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Sunfonda Group Holdings Ltd. stock, see the HK:1771 Stock Forecast page.
More about Sunfonda Group Holdings Ltd.
Sunfonda Group Holdings Limited is a Cayman Islands–incorporated company listed on the Hong Kong Stock Exchange. Through its group structure, it operates in the automotive sector, focusing on sales and related services within mainland China, and is overseen by a board that includes independent non-executive directors serving on key governance committees such as audit, nomination and remuneration.
Average Trading Volume: 94,681
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$148.8M
For an in-depth examination of 1771 stock, go to TipRanks’ Overview page.