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Weilong Delicious Global Holdings Limited ( (HK:9985) ) has issued an announcement.
Weilong Delicious Global Holdings Ltd has appointed veteran investor and former Alibaba.com chief executive Wei Zhe as a non-executive director, effective from the conclusion of its board meeting on 6 February 2026. Wei, currently founding partner and chairman of China-focused private equity firm Vision Knight Capital and a board member of several major listed companies including PCCW, JNBY Design, Sansure Biotech and Yum China, brings extensive experience spanning e-commerce, retail, investment banking and corporate finance. Under a three-year service contract with an annual salary of HKD600,000, his appointment is subject to shareholder approval and regular retirement by rotation in line with the company’s articles of association. The move is likely to strengthen Weilong’s board with deep capital markets and consumer-sector expertise, potentially enhancing its strategic positioning and governance as it continues to compete in China’s fast-moving consumer goods market.
The most recent analyst rating on (HK:9985) stock is a Buy with a HK$13.50 price target. To see the full list of analyst forecasts on Weilong Delicious Global Holdings Limited stock, see the HK:9985 Stock Forecast page.
More about Weilong Delicious Global Holdings Limited
Weilong Delicious Global Holdings Ltd, incorporated in the Cayman Islands and listed in Hong Kong, operates through a group structure (“the Group”) and is known in the consumer sector for its branded snack food products, serving the mass market in mainland China and abroad. The company is governed by a board comprising executive, non-executive and independent non-executive directors, reflecting a typical Hong Kong–listed corporate structure and oversight framework.
Average Trading Volume: 3,952,770
Technical Sentiment Signal: Buy
Current Market Cap: HK$29.54B
Learn more about 9985 stock on TipRanks’ Stock Analysis page.