Tsingtao Brewery Elects New Employee Director to Strengthen Governance

Tsingtao Brewery Co ( (HK:0168) ) has issued an announcement.

Tsingtao Brewery Company Limited has announced the election of Ms. Sun Jing as an employee director for the eleventh session of its board of directors. Ms. Sun, who has a strong background in corporate brand management and ESG system construction, will join the board alongside eight other directors elected at the 2024 annual general meeting. Her election reflects the company’s commitment to democratic processes within its workforce, as the employee director is chosen by the employees rather than shareholders. This move is expected to enhance the company’s governance and align its strategic goals with employee interests.

The most recent analyst rating on (HK:0168) stock is a Buy with a HK$63.27 price target. To see the full list of analyst forecasts on Tsingtao Brewery Co stock, see the HK:0168 Stock Forecast page.

More about Tsingtao Brewery Co

Tsingtao Brewery Company Limited is a Sino-foreign joint stock limited company established in the People’s Republic of China. It operates in the brewing industry, primarily focusing on the production and distribution of beer. The company is known for its flagship product, Tsingtao Beer, and has a significant market presence both domestically and internationally.

Average Trading Volume: 5,415,045

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$91.58B

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