tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Zhengwei Group Reshuffles Board with New Executive and Independent Directors

Story Highlights
  • Zhengwei Group announced the resignation of executive director Lin Qiuyun and independent director Hu Ruiwo, who also leaves key board committees.
  • The company appointed experienced manager Wan Ming as executive director and Zhu Junbin as independent director, reshaping its board and governance structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zhengwei Group Reshuffles Board with New Executive and Independent Directors

Claim 70% Off TipRanks Premium

Zhengwei Group Holdings Company Limited ( (HK:2147) ) just unveiled an announcement.

Zhengwei Group Holdings Company Limited has announced a series of boardroom changes, including the resignation of executive director Lin Qiuyun and independent non-executive director Hu Ruiwo, who also steps down from key roles on the nomination, remuneration and audit committees. Both departing directors cited changes in work arrangements and personal commitments, and confirmed there is no disagreement with the board. To fill the vacancies, the company has appointed Wan Ming as an executive director and Zhu Junbin as an independent non-executive director with effect from 31 December 2025, with Wan bringing more than 28 years of business management experience and receiving an annual remuneration of HK$300,000 under a one-year term. These changes reshape the composition of the board and its committees and signal a refresh of the company’s governance structure, with continuity provided through the orderly transition and eligibility of the new appointees for re-election at the next annual general meeting.

The most recent analyst rating on (HK:2147) stock is a Hold with a HK$0.04 price target. To see the full list of analyst forecasts on Zhengwei Group Holdings Company Limited stock, see the HK:2147 Stock Forecast page.

More about Zhengwei Group Holdings Company Limited

Average Trading Volume: 805,827

Technical Sentiment Signal: Sell

Current Market Cap: HK$48.16M

For a thorough assessment of 2147 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1