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Sinotrans ( (HK:0598) ) has provided an announcement.
Sinotrans Limited has announced a change in its board of directors, with Mr. Tao Wu resigning due to work re-allocation and Mr. Huang Chuanjing being proposed as his replacement. This transition is not expected to disrupt the company’s operations or board functionality, as Mr. Tao’s departure does not affect the board’s quorum. Mr. Huang brings extensive experience from China Merchants Group, which may enhance Sinotrans’ strategic positioning in the logistics sector.
More about Sinotrans
Sinotrans Limited is a joint stock limited company incorporated in the People’s Republic of China, operating within the logistics and transportation industry. The company is known for its comprehensive logistics services, which include freight forwarding, shipping agency, and supply chain management, focusing on both domestic and international markets.
YTD Price Performance: -5.72%
Average Trading Volume: 11,637,551
Technical Sentiment Signal: Buy
Current Market Cap: HK$33.91B
Learn more about 0598 stock on TipRanks’ Stock Analysis page.