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Zhengye International CEO Resigns, Replacement Named
ZHENGYE INT'L (03363.HK): Hu Zheng resigns as CEO.
Gelonghui, December 11: ZHENGYE INT'L (03363.HK) announced that (1) to strengthen corporate governance and confirm adherence to the corporate governance code, Mr. Hu Zheng resigned as the company's Chief Executive Officer, but will continue to serve as the Chairman and Executive Director of the company; (2) Mr. Hu Jianpeng, an Executive Director of the company, has been appointed as the Chief Executive Officer of the company; and (3) Mr. Hu Hancheng has been transferred from Co-Chairman of the company to Vice Chairman. All changes will take effect from December 11, 2024.
Express News | Zhengye International - Hu Jianpeng Appointed as Chief Executive Officer
Hong Kong stock industry concept tracking | Paper companies have set off a new round of price increases, signaling the industry's bottoming out and rebound (with concept stocks).
Since October, many papermaking companies have carried out one or more rounds of price increases. Recently, more companies have announced price adjustment plans for their multiple facilities, leading to paper enterprises in various regions following suit. The entire papermaking industry has ignited a new wave of price hikes.
How is the outlook for the papermaking peak season? Manufacturers are cautiously optimistic, with cost control still being the main theme|Industry News
1. The papermaking peak season has started, and many paper mills hold cautious optimism expectations; 2. The industry was flat in the first three quarters, and the cost advantages of leading paper enterprises are showing; 3. There are many factors causing differences in gross profit of paper enterprises, with inventory management being the core; 4. The pressure of rising paper prices in Q4 still exists, and paper enterprises still need to compete in cost control.
ZHENGYE INT'L: INTERIM REPORT 2024
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