Jiangsu Expressway Reshuffles Leadership as General Manager Becomes Chairman
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Jiangsu Expressway Co has announced a leadership reshuffle, with Wang Feng resigning as general manager effective March 4, 2026, to become chairman of the board. This change will not impact the company's operations or financial stability. The board's decision aims to consolidate Wang's influence while ensuring operational continuity. The stock currently holds a Hold rating with a price target of HK$11.50. Jiangsu Expressway operates in the expressway and toll road sector in China, focusing on regional transportation and economic development.
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