Northeast Electric Re-elects Chairman, President; Shares Fall 5%

MT Newswires Live

2025/04/22

Northeast Electric Development (HKG:0042) re-elected Zhu Xinguang as board chairman, according to a Monday filing with the Hong Kong bourse.

The power transmission equipment manufacturer also re-elected Liu Kejia as president, the filing said.

Both Zhu and Liu will stay in office until the expiration of the board's term on Dec. 30, the filing said.

The stock slid 5% in Tuesday's midday trade.

Price (HKD): $0.24, Change: $-0.013, Percent Change: -5.10%

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