Xiangtan Electric Manufacturing Co LtdNomination of a new director candidate with investment background may signal strategic changes, but impact is unclear.

Xiangtan Electric Manufacturing held the 19th meeting of the ninth board of directors on July 20, 2026, and approved the proposal to nominate Mr. Xue Zhen as a candidate for non-independent director of the ninth board. Mr. Xue previously served as corporate account manager at Ping An Bank Guangzhou Branch, investment manager and deputy head of the investment department at Hunan Xingxiang Emerging Industry Investment Fund, and head of the strategy department and director of the investment center at Hunan Xingxiang Capital Management Fund. He currently serves as a member of the party branch committee and chief investment officer of Hunan Xingxiang Capital Management.
Xiangtan Electric Manufacturing Co LtdNomination of a new director candidate with investment background may signal strategic changes, but impact is unclear.
Ping An Bank Co Ltd