Sichuan Energy Investment Development Revamps Board With Retirement and New Nominee

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2026.03.09 22:37
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Sichuan Energy Investment Development Co., Ltd. announced the retirement of non-executive director Yao Gengsheng, effective upon the election of a successor at the 2025 AGM. China Power International Development has nominated Lu Qun as a new non-executive director, pending shareholder approval. The board confirmed no disagreements exist and expressed gratitude for Yao's contributions. The latest analyst rating for the stock (HK:1713) is a Buy with a target price of HK$3.00. The company focuses on power-related investments and has a market cap of HK$2.76B.