
Shengfeng Development Limited Announces Board Changes

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Shengfeng Development Limited announced board changes on May 31, 2025, with the resignation of Dan Liu and Zhiping Yang, who left without disagreements. Dr. Jin Wang and Mr. Guoping Zheng were appointed to fill the vacancies, with Dr. Wang taking on key roles as an independent director. These changes may affect the company's strategic direction. According to TipRanks' AI Analyst, SFWL is rated as Outperform, reflecting strong financial performance and an undervalued stock despite a lack of dividend yield.
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