---
title: "Hanhua Financial Holding Sets Competitive Vote for Independent Director at Postponed EGM"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285921224.md"
description: "Hanhua Financial Holding Co., Ltd. has announced a postponed extraordinary general meeting on May 29, 2026, in Chongqing to implement a competitive election for an independent non-executive director. Candidates Zhang Weihua and Zhang Run will be voted on separately, emphasizing shareholder participation and governance. The meeting will detail voting procedures, reflecting the company's commitment to formal governance and potentially impacting board composition and stakeholder confidence. Hanhua Financial Holding operates in the Hong Kong and mainland China markets, with a current market cap of HK$772.8M."
datetime: "2026-05-11T10:13:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285921224.md)
  - [en](https://longbridge.com/en/news/285921224.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285921224.md)
---

# Hanhua Financial Holding Sets Competitive Vote for Independent Director at Postponed EGM

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Hanhua Financial Holding Co., Ltd. Class H ( (HK:3903) ) has provided an announcement.

Hanhua Financial Holding Co., Ltd. has issued a supplemental notice for its postponed second extraordinary general meeting, now scheduled for May 29, 2026, in Chongqing, to address changes in its board election agenda. The company has introduced a competitive election mechanism to choose one independent non-executive director between candidates Zhang Weihua and Zhang Run, reflecting active shareholder participation and potentially influencing future governance dynamics.

The meeting will determine the appointment through separate votes on two ordinary resolutions, with the candidate receiving the higher net votes in favor being elected, and detailed procedures set for share registration, proxy appointments and voting. These arrangements underscore the company’s emphasis on formal governance processes and may affect board composition, oversight balance and stakeholder confidence in its corporate decision-making.

**More about Hanhua Financial Holding Co., Ltd. Class H**

Hanhua Financial Holding Co., Ltd. is a Chongqing-based financial services company with shares listed in Hong Kong, operating under a board structure that includes executive, non-executive, independent non-executive and employee directors. The company serves both domestic and H-share investors, reflecting its focus on mainland China and Hong Kong capital markets.

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$772.8M

For a thorough assessment of 3903 stock, go to TipRanks’ Stock Analysis page.

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