
Greentown China overhauls board as long-serving CEO Guo Jiafeng retires

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Greentown China Holdings has announced a significant board reshuffle following the retirement of long-serving CEO Guo Jiafeng, effective March 30, 2026. Geng Zhongqiang has been appointed as acting CEO. The changes include the resignation of non-executive director Andrew On Kiu Chow and independent non-executive director Zhu Yuchen, with new appointments including Kevin Kwok Pong Chan and Xiong Liangjun. The company aims to refresh its governance structure amidst these transitions. The latest analyst rating for Greentown's stock (HK:3900) is a Hold with a price target of HK$11.50.
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