---
title: "Sichuan Energy Investment Development Revamps Board With Retirement and New Nominee"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278457887.md"
description: "Sichuan Energy Investment Development Co., Ltd. announced the retirement of non-executive director Yao Gengsheng, effective upon the election of a successor at the 2025 AGM. China Power International Development has nominated Lu Qun as a new non-executive director, pending shareholder approval. The board confirmed no disagreements exist and expressed gratitude for Yao's contributions. The latest analyst rating for the stock (HK:1713) is a Buy with a target price of HK$3.00. The company focuses on power-related investments and has a market cap of HK$2.76B."
datetime: "2026-03-09T22:37:45.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278457887.md)
  - [en](https://longbridge.com/en/news/278457887.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278457887.md)
---

# Sichuan Energy Investment Development Revamps Board With Retirement and New Nominee

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The latest announcement is out from Sichuan Energy Investment Development Co., Ltd. Class H ( (HK:1713) ).

Sichuan Energy Investment Development announced that non-executive director Yao Gengsheng will retire and resign from the board and the Risk Control Committee, with his departure taking effect once a successor is elected at the 2025 annual general meeting. The board stressed there is no disagreement or issues needing shareholder attention, and expressed gratitude for Yao’s contributions, signaling an orderly transition at the governance level.

China Power International Development, a 9.13% shareholder, has nominated its full-time director Lu Qun to join Sichuan Energy Investment Development as a non-executive director for the remainder of the board’s fifth session, subject to shareholder approval at the AGM. Lu, a veteran of China Power and related entities, will focus on compliance, corporate governance and business development, reinforcing China Power’s influence on the company’s strategic oversight without additional board-level remuneration.

The most recent analyst rating on (HK:1713) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Sichuan Energy Investment Development Co., Ltd. Class H stock, see the HK:1713 Stock Forecast page.

**More about Sichuan Energy Investment Development Co., Ltd. Class H**

Sichuan Energy Investment Development Co., Ltd. is a PRC-incorporated energy company listed in Hong Kong that focuses on power-related investments and operations. The group is part of the broader Sichuan energy sector ecosystem and counts China Power International Development Limited as a strategic shareholder with a significant minority stake, reflecting close ties to state-linked power generation and integrated energy services.

**YTD Price Performance:** 6.20%

**Average Trading Volume:** 104,173

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$2.76B

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