---
title: "Newtrend Group Sets Board Line-Up and Committee Roles"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286435481.md"
description: "Newtrend Group Holding Co., Ltd. has announced its board composition, appointing Wang Xiaoqiang as chairman, along with four executive directors, one non-executive director, and three independent non-executive directors. The company has also established three key committees—remuneration, nomination, and audit—led by independent director Song Jingjin. This structure aims to enhance governance standards and accountability, aligning with expectations for Hong Kong-listed firms. Newtrend Group is incorporated in China and listed under stock code 2573, with a current market cap of HK$503.3M."
datetime: "2026-05-14T14:40:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286435481.md)
  - [en](https://longbridge.com/en/news/286435481.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286435481.md)
---

# Newtrend Group Sets Board Line-Up and Committee Roles

### Claim 55% 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

Newtrend Group Holding Co., Ltd. Class H ( (HK:2573) ) has provided an update.

Newtrend Group Holding Co., Ltd. has announced the current composition of its board of directors, naming Wang Xiaoqiang as chairman alongside four other executive directors, one non-executive director and three independent non-executive directors. The board has also detailed the structure of its three key committees—remuneration, nomination and audit—assigning independent director Song Jingjin as chairman of both the remuneration and audit committees, a move that underscores the company’s emphasis on independent oversight and formalized governance frameworks.

These committee appointments clarify the division of responsibilities within the board and signal the company’s intention to align with prevailing governance standards expected of Hong Kong–listed firms. The strengthened roles for independent directors, particularly in audit and remuneration, may enhance transparency and accountability for shareholders and other stakeholders by providing clearer checks and balances in core decision-making areas.

**More about Newtrend Group Holding Co., Ltd. Class H**

Newtrend Group Holding Co., Ltd. is a joint stock company incorporated in the People’s Republic of China and listed in Hong Kong under stock code 2573. The company operates under a board structure that includes executive, non-executive and independent non-executive directors, reflecting standard corporate governance practices for a listed mainland Chinese issuer.

**Average Trading Volume:** 127,110

**Technical Sentiment Signal:** Strong Sell

**Current Market Cap:** HK$503.3M

Find detailed analytics on 2573 stock on TipRanks’ Stock Analysis page.

### Related Stocks

- [02573.HK](https://longbridge.com/en/quote/02573.HK.md)

## Related News & Research

- [Rajya Sabha panel to look into settlement regulations of Competition Act](https://longbridge.com/en/news/286578704.md)
- [IPO Winners & Losers Podcast: Cerebras, SpaceX, and the AI Takeover](https://longbridge.com/en/news/286957979.md)
- [Warren Buffett sits on a record $397B in cash while Michael Burry shorts AI for $1B, betting it's 1999 all over again. What do they see?](https://longbridge.com/en/news/287098183.md)
- [Club Med IPO Could Raise At Least $500 Million](https://longbridge.com/en/news/286951033.md)
- [Newsom taps Chopra to lead new California oversight agency](https://longbridge.com/en/news/286604841.md)