TK Group Names Veteran Executive Lu Gong Shan as New CEO in Planned Leadership Transition

The latest update is out from TK Group (Holdings) Ltd. ( (HK:2283) ).

TK Group (Holdings) Limited has announced a leadership reshuffle effective 1 January 2026, appointing long-serving executive Mr. Lu Gong Shan as executive director, member of the remuneration committee and chief executive officer, while incumbent CEO Mr. Yung Kin Cheung Michael will step down from the chief executive role but remain on the board as an executive director to concentrate on developing the Group’s strategic direction. Mr. Lu, who has risen through the ranks since joining the Group in 2002 and currently oversees its mold business units, will serve under a three-year service contract with a fixed annual emolument of HK$1.6 million plus discretionary bonus, signaling a planned and orderly succession that preserves continuity in operational management and governance, with the board emphasizing there is no disagreement with Mr. Yung and expressing gratitude for his prior leadership.

The most recent analyst rating on (HK:2283) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on TK Group (Holdings) Ltd. stock, see the HK:2283 Stock Forecast page.

More about TK Group (Holdings) Ltd.

TK Group (Holdings) Limited is a Hong Kong-listed company engaged in mold fabrication and related manufacturing services, with business units focused on technology, quality and sourcing management for its mold operations. The Group serves industrial customers with specialized mold design, development and production capabilities, particularly in mainland China, including Shenzhen, where its executives have been recognized as high-level professional talents.

Average Trading Volume: 953,575

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.1B

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