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Harbin Electric Announces Executive Director Resignation
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Harbin Electric Announces Executive Director Resignation

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The latest announcement is out from Harbin Electric Co. Ltd. Class H ( (HK:1133) ).

Harbin Electric Co. Ltd. announced the resignation of Mr. Shen Tong from his role as executive director and member of the nomination committee due to a job reassignment. His departure momentarily reduces the board to below the required number of members, but Harbin Electric is committed to filling the vacancy promptly. The company expressed gratitude for Mr. Shen’s contributions and confirmed there are no disagreements between him and the board.

More about Harbin Electric Co. Ltd. Class H

Harbin Electric Co. Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the electrical equipment industry. The company is known for producing a range of electric power generation equipment and services.

YTD Price Performance: -2.03%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €692.3M

Learn more about 1133 stock on TipRanks’ Stock Analysis page.

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