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Xinte Energy Sets Out Board Composition and Committee Roles

Story Highlights
  • Xinte Energy detailed its board structure, listing executive, non-executive and independent directors.
  • The company allocated directors across four key committees, emphasizing independent oversight and governance.
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Xinte Energy Sets Out Board Composition and Committee Roles

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Xinte Energy Co., Ltd. Class H ( (HK:1799) ) just unveiled an update.

Xinte Energy Co., Ltd. has announced the current composition of its board of directors and detailed the allocation of responsibilities across four key board committees: Strategy, Nomination, Remuneration and Assessment, and Audit. Chairman and executive director Huang Hanjie sits on the Strategy and Nomination Committees, while independent non-executive directors, particularly Cui Xiang, Chen Weiping and Tam Kwok Ming Banny, have been given prominent roles as chairs or members of multiple committees, underscoring an emphasis on independent oversight in areas such as audit, remuneration and corporate governance that is relevant for investors and other stakeholders monitoring the company’s governance practices.

The most recent analyst rating on (HK:1799) stock is a Hold with a HK$7.50 price target. To see the full list of analyst forecasts on Xinte Energy Co., Ltd. Class H stock, see the HK:1799 Stock Forecast page.

More about Xinte Energy Co., Ltd. Class H

Xinte Energy Co., Ltd. is a China-based energy company listed in Hong Kong (stock code: 1799), operating within the broader energy and power sector. The company is governed by a board comprising executive, non-executive and independent non-executive directors, reflecting a typical listed-company structure aimed at balancing management oversight, strategic guidance and independent supervision for shareholders in the PRC and international markets.

Average Trading Volume: 2,409,584

Technical Sentiment Signal: Sell

Current Market Cap: HK$10.72B

For an in-depth examination of 1799 stock, go to TipRanks’ Overview page.

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