Shengli Oil & Gas Re-Designates Key Director Role

Shengli Oil & Gas Pipe Holdings Ltd. (HK:1080) has released an update.

Shengli Oil & Gas Pipe Holdings Ltd. has announced the re-designation of Mr. Wei Jun from a non-executive to an executive director role, effective January 2025. Mr. Wei, who holds a significant shareholding in the company, will continue as chairman of the board and a member of the remuneration committee. His new role comes with an annual service fee of HK$900,000, reflecting his extensive experience and responsibilities within the company.

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