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Dongfang Electric ( (HK:1072) ) has provided an update.
Dongfang Electric Corporation Limited has announced the proposal to elect Mr. Zhang Shaofeng as a director for its eleventh board session. Mr. Zhang’s extensive background in finance and accounting, particularly in the energy sector, positions him as a strong candidate. His appointment is expected to be confirmed at the upcoming General Meeting, and he will serve without remuneration. This decision could enhance Dongfang Electric’s strategic positioning within the energy industry by leveraging Mr. Zhang’s expertise.
More about Dongfang Electric
Dongfang Electric Corporation Limited operates in the energy equipment manufacturing industry, focusing primarily on the production and supply of power generation equipment and services. The company is headquartered in Chengdu, Sichuan Province, China, and is a significant player in the energy sector.
YTD Price Performance: 8.00%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.02B
Find detailed analytics on 1072 stock on TipRanks’ Stock Analysis page.
