BAIC Motor ( (HK:1958) ) has provided an announcement.
BAIC Motor Corporation Limited has announced a change in its board of directors. Mr. Chen Wei has resigned as chairman due to a work adjustment, and Mr. Wang Hao is proposed to be appointed as a non-executive director, pending shareholder approval. Mr. Wang Hao brings nearly 15 years of experience in the automotive industry, which could strengthen the company’s strategic and operational capabilities. Additionally, the board proposes the appointment of Mr. Xia Peng as a non-employee representative supervisor, also subject to shareholder approval. These changes are part of BAIC Motor’s strategic efforts to enhance its governance and leadership structure.
More about BAIC Motor
BAIC Motor Corporation Limited is a leading company in the automotive industry, incorporated in the People’s Republic of China. It primarily focuses on the production and sale of passenger vehicles and is a key player within China’s ever-evolving automotive market.
YTD Price Performance: 6.55%
Average Trading Volume: 6,889
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.53B
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