Zhejiang Leapmotor Announces Board and Supervisor Changes

Zhejiang Leapmotor Technology Co., Ltd. Class H ( (HK:9863) ) has shared an announcement.

Zhejiang Leapmotor Technology Co., Ltd. announced changes in its board and supervisory positions. Mr. Grégoire Olivier has resigned as a non-executive director due to changes in his work arrangement, and Mr. Maxime Picat has been nominated to replace him, pending shareholder approval. Additionally, Mr. Wu Yefeng has resigned as chairman of the Board of Supervisors for personal career development reasons. Both outgoing members will continue their duties until their successors are appointed at the 2024 annual general meeting. These changes reflect a strategic shift in leadership that may influence the company’s future direction and governance.

The most recent analyst rating on (HK:9863) stock is a Buy with a HK$44.20 price target. To see the full list of analyst forecasts on Zhejiang Leapmotor Technology Co., Ltd. Class H stock, see the HK:9863 Stock Forecast page.

More about Zhejiang Leapmotor Technology Co., Ltd. Class H

Zhejiang Leapmotor Technology Co., Ltd. is a joint stock company incorporated in China, operating in the technology sector with a focus on automotive innovations. The company is listed on the Stock Exchange of Hong Kong and is involved in developing and manufacturing electric vehicles.

Average Trading Volume: 15,159,987

Technical Sentiment Signal: Buy

Current Market Cap: HK$76.07B

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