Zhongguancun Science-Tech Leasing Announces Resignation of Non-Executive Director

An update from Zhongguancun Science-Tech Leasing Co. Ltd. Class H ( (HK:1601) ) is now available.

Zhongguancun Science-Tech Leasing Co., Ltd. announced the resignation of non-executive director Mr. Zhang Chunlei, who is also stepping down as a member of the audit committee, effective March 27, 2026, due to job arrangements. The company stated that Zhang has no disagreements with the board, that there are no other matters needing shareholder attention, and that his departure will not affect the operation of the board or the company, while the board expressed gratitude for his service.

Following this change, the board will continue to be led by chairman Xu Jingquan and will comprise four executive directors, one remaining non-executive director and three independent non-executive directors. The clarified composition signals continuity in corporate governance and suggests that the board believes it retains sufficient oversight and expertise despite the departure from the audit committee.

The most recent analyst rating on (HK:1601) stock is a Hold with a HK$0.91 price target. To see the full list of analyst forecasts on Zhongguancun Science-Tech Leasing Co. Ltd. Class H stock, see the HK:1601 Stock Forecast page.

More about Zhongguancun Science-Tech Leasing Co. Ltd. Class H

Zhongguancun Science-Tech Leasing Co., Ltd. is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong. The firm operates in the financial leasing sector, providing leasing and related financial services, and is overseen by a board comprising executive, non-executive and independent non-executive directors, reflecting a standard listed-company governance structure.

Average Trading Volume: 205,982

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$1.36B

For a thorough assessment of 1601 stock, go to TipRanks’ Stock Analysis page.