--- title: "Transtech Optelecom CEO Resigns as Firm Moves to Strengthen Governance" type: "News" locale: "en" url: "https://longbridge.com/en/news/280970986.md" description: "Transtech Optelecom Science Holdings Limited announced the resignation of CEO He Xingfu, effective March 26, 2026, to enhance governance by separating the roles of chairman and CEO, in accordance with Hong Kong’s corporate governance code. The company stated that there is no disagreement with the board and no other matters requiring disclosure. The latest analyst rating for the stock (HK:9963) is a Hold with a price target of HK$1.50. Transtech operates in the optical telecommunications sector and has a market cap of HK$792.3M." datetime: "2026-03-30T04:10:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280970986.md) - [en](https://longbridge.com/en/news/280970986.md) - [zh-HK](https://longbridge.com/zh-HK/news/280970986.md) --- # Transtech Optelecom CEO Resigns as Firm Moves to Strengthen Governance ### End of Quarter Sale - 50% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks An update from Transtech Optelecom Science Holdings Limited ( (HK:9963) ) is now available. Transtech Optelecom Science Holdings Limited has issued a supplemental announcement confirming the resignation of Chief Executive Officer He Xingfu, effective 26 March 2026, as part of an effort to separate the roles of chairman and CEO in line with Hong Kong’s corporate governance code. The company emphasised that Mr. He, who remains chairman, has no disagreement with the board, and that there are no other matters related to his resignation that require disclosure to the exchange or shareholders, signalling a governance-driven change rather than one prompted by operational or strategic disputes. The most recent analyst rating on (HK:9963) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Transtech Optelecom Science Holdings Limited stock, see the HK:9963 Stock Forecast page. **More about Transtech Optelecom Science Holdings Limited** Transtech Optelecom Science Holdings Limited, incorporated in the Cayman Islands and listed in Hong Kong under stock code 9963, operates in the optical telecommunications technology sector. The company is led by a board comprising executive and independent non-executive directors, reflecting a conventional governance structure for a Hong Kong-listed technology issuer. **Average Trading Volume:** 405,591 **Technical Sentiment Signal:** Buy **Current Market Cap:** HK$792.3M Learn more about 9963 stock on TipRanks’ Stock Analysis page. ### Related Stocks - [09963.HK](https://longbridge.com/en/quote/09963.HK.md) ## Related News & Research - [Transtech Optelecom Completes HK$18.22 Million Share Placing to Bolster Working Capital](https://longbridge.com/en/news/271624371.md) - [Transtech Optelecom Slashes Annual Caps in Clarification of Connected Transactions](https://longbridge.com/en/news/286197219.md) - [UTG Chairman and CEO Jesse T. Correll buys 4,850 shares for $266,556.00](https://longbridge.com/en/news/287109106.md) - [GRAPHIC-Under pressure: Tracking the pain in G7 government debt](https://longbridge.com/en/news/286769701.md) - [07:02 ETUSD Breaks Ground on New Shiley STEM Initiative Building, Transforming USD's STEM Education and Research](https://longbridge.com/en/news/287052919.md)