China High Speed Transmission Equipment Group Co ( (HK:0658) ) has provided an announcement.
China High Speed Transmission Equipment Group Co., Ltd. announced the removal of Mr. Fang Jian from his position as an executive director due to a loss of trust and confidence in his ability to fulfill his responsibilities. The board cited concerns over Mr. Fang’s management and approval of company agreements and his lack of cooperation with an independent investigation. Despite Mr. Fang’s disagreement and accusations against the board, the company is conducting inquiries to ensure transparency and integrity in its operations.
More about China High Speed Transmission Equipment Group Co
China High Speed Transmission Equipment Group Co., Ltd. operates in the transmission equipment industry, focusing on the production and management of high-speed transmission equipment. The company is listed on the Hong Kong Stock Exchange and has a market focus on providing advanced transmission solutions.
YTD Price Performance: 11.32%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $193.6M
See more data about 0658 stock on TipRanks’ Stock Analysis page.