--- title: "Greentown China overhauls board as long-serving CEO Guo Jiafeng retires" type: "News" locale: "en" url: "https://longbridge.com/en/news/281086573.md" description: "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." datetime: "2026-03-30T17:40:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281086573.md) - [en](https://longbridge.com/en/news/281086573.md) - [zh-HK](https://longbridge.com/zh-HK/news/281086573.md) --- # Greentown China overhauls board as long-serving CEO Guo Jiafeng retires ### 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 Greentown China Holdings ( (HK:3900) ) is now available. Greentown China Holdings has announced a major reshuffle of its board and senior management, driven by the retirement of long-serving chief executive and executive director Guo Jiafeng, effective 30 March 2026. Guo, who joined the company in 1999 and is credited with strengthening operations, investment discipline and long-term development momentum, is stepping down from all roles including membership of the Environmental, Social and Governance Committee. The company has appointed existing executive director Geng Zhongqiang as acting chief executive officer to oversee daily operations while it completes procedures to name a permanent CEO. Non-executive director Andrew On Kiu Chow and independent non-executive director Zhu Yuchen are also resigning, with Kevin Kwok Pong Chan joining as non-executive director, Xiong Liangjun joining as independent non-executive and committee member, and Liu Chengyun becoming chairman of the Nomination Committee, marking a broad refresh of Greentown’s governance structure. The most recent analyst rating on (HK:3900) stock is a Hold with a HK$11.50 price target. To see the full list of analyst forecasts on Greentown China Holdings stock, see the HK:3900 Stock Forecast page. **More about Greentown China Holdings** Greentown China Holdings Limited is a mainland China-focused property developer headquartered in Hong Kong and incorporated in the Cayman Islands, with its shares listed on the Hong Kong Stock Exchange. The group is engaged in real estate development and related services through its subsidiaries, and it also controls Greentown Management Holdings, a property management and related services firm listed separately in Hong Kong. **YTD Price Performance:** 9.33% **Average Trading Volume:** 12,151,815 **Technical Sentiment Signal:** Buy **Current Market Cap:** HK$23.52B Find detailed analytics on 3900 stock on TipRanks’ Stock Analysis page. ### Related Stocks - [03900.HK](https://longbridge.com/en/quote/03900.HK.md) ## Related News & Research - [Seazen Group (SEHK:1030) Valuation Check After HSBC Buy Rating And Shenzhen Policy Easing](https://longbridge.com/en/news/285053726.md) - [China Overseas Land & Investment Posts Higher Sales and Expands Land Bank in Early 2026](https://longbridge.com/en/news/285715277.md) - [Mayfair Gold Appoints Drew Anwyll, P.Eng., as CEO | MINE Stock News](https://longbridge.com/en/news/285045618.md) - [Zhongliang Holdings appoints Wong Kai Hing as independent director, remuneration chair](https://longbridge.com/en/news/285730016.md) - [Poly Property Group Posts RMB15.4 Billion in Contracted Sales for First Four Months of 2026](https://longbridge.com/en/news/285700164.md)