Shandong Molong Announces Board and Committee Structure

Tip Ranks
2025.11.03 12:39
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Shandong Molong Petroleum Machinery (HK:0568) has announced its board composition, including executive, non-executive, and independent non-executive directors, along with the membership of its four board committees: Audit, Nomination, Remuneration, and Strategy. This announcement is crucial for stakeholders as it defines the leadership structure guiding the company's strategic decisions. The current analyst rating for the stock is a Hold with a price target of HK$4.00. The company operates in the petroleum machinery sector and has a market cap of HK$5.34B, with a year-to-date price performance of 238.84%.

An announcement from Shandong Molong Petroleum Machinery ( (HK:0568) ) is now available.

Shandong Molong Petroleum Machinery Company Limited has announced the composition of its board of directors, which includes executive, non-executive, and independent non-executive directors. The company has also detailed the membership of its four board committees: Audit, Nomination, Remuneration, and Strategy. This announcement is significant for stakeholders as it outlines the leadership structure responsible for guiding the company’s strategic decisions and governance.

The most recent analyst rating on (HK:0568) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Shandong Molong Petroleum Machinery stock, see the HK:0568 Stock Forecast page.

More about Shandong Molong Petroleum Machinery

Shandong Molong Petroleum Machinery Company Limited is a Sino-foreign joint stock limited company based in the People’s Republic of China. The company operates in the petroleum machinery industry, focusing on the production and supply of equipment and machinery used in oil and gas extraction and processing.

YTD Price Performance: 238.84%

Average Trading Volume: 58,628,411

Technical Sentiment Signal: Buy

Current Market Cap: HK$5.34B