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Towngas China Co Announces Leadership Transition in Gas Business

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Towngas China Co Announces Leadership Transition in Gas Business

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The latest update is out from Towngas China Co ( (HK:1083) ).

Towngas China Co announced a significant leadership change effective September 1, 2025, with the resignation of Mr. Martin Kee Wai-ngai from his role as Executive Director and Chief Operating Officer – Gas Business. Mr. Zhou Heng-xiang has been appointed as the new Executive Director and Chief Operating Officer – Mainland Gas Business. This transition is expected to influence the company’s strategic direction, particularly in enhancing its gas resources segment and expanding its market reach.

The most recent analyst rating on (HK:1083) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Towngas China Co stock, see the HK:1083 Stock Forecast page.

More about Towngas China Co

Towngas China Co is a company involved in the gas industry, focusing on the provision and management of gas resources. It operates primarily in the Chinese mainland and Hong Kong, with a strategic emphasis on decarbonization and expanding its natural gas supply chain system.

Average Trading Volume: 10,237,529

Technical Sentiment Signal: Buy

Current Market Cap: HK$14.68B

Learn more about 1083 stock on TipRanks’ Stock Analysis page.

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