China Cinda Names New Independent Director as Board Committees Revamped
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China Cinda Asset Management Co has appointed WANG Zhongze as an independent non-executive director, effective May 11, 2026, following regulatory approval. This appointment comes after the departure of LAM Chi Kuen, whose term has expired. WANG will serve on the Audit, Risk Management, and Connected Transaction Control committees, ensuring board independence and continuity. China Cinda is a major player in distressed asset investment and restructuring in China, listed in Hong Kong with a market cap of HK$44.27B.
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