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Xinjiang Tianye Water Saving Irrigation System Announces Executive Director Change

Story Highlights
  • Executive director Jiang Dayong will resign at the AGM, with the board emphasizing no disagreement and thanking him for his service.
  • The company proposes appointing Wang Jun as executive director, highlighting his Tianye Group experience to support leadership continuity and stability.
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Xinjiang Tianye Water Saving Irrigation System Announces Executive Director Change

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Xinjiang Tianye Water Saving Irrigation System Co., Ltd. Class H ( (HK:0840) ) just unveiled an announcement.

Xinjiang Tianye Water Saving Irrigation System Company Limited announced that executive director Jiang Dayong will resign due to changes in work arrangements, effective upon the election of a new executive director at the upcoming annual general meeting. The board noted there is no disagreement between Jiang and management, and expressed appreciation for his contributions.

The company plans to appoint Wang Jun as an executive director, subject to shareholder approval at the AGM, with his term aligning with the current board session. Wang, currently director of the Asset Management Department at Xinjiang Tianye Company Limited, brings management and procurement experience from various roles within Tianye Group, signaling continuity in leadership and potentially reinforcing the group’s operational and governance stability.

More about Xinjiang Tianye Water Saving Irrigation System Co., Ltd. Class H

Xinjiang Tianye Water Saving Irrigation System Company Limited is a PRC-incorporated joint stock company listed in Hong Kong, operating in the water-saving irrigation systems sector. The group focuses on irrigation solutions and related services, serving agricultural and water management markets where efficient water use is a key priority.

Average Trading Volume: 101,714

Technical Sentiment Signal: Sell

Current Market Cap: HK$104.9M

For a thorough assessment of 0840 stock, go to TipRanks’ Stock Analysis page.

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