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    9979   KYG4102M1033

GREENTOWN MANAGEMENT HOLDINGS COMPANY LIMITED

(9979)
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Greentown Management : RETIREMENT OF NON-EXECUTIVE DIRECTOR

04/13/2021 | 06:11pm EDT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

GREENTOWN MANAGEMENT HOLDINGS COMPANY LIMITED

綠 城 管 理 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 09979)

RETIREMENT OF NON-EXECUTIVE DIRECTOR

The board of directors (the "Board") of Greentown Management Holdings Company Limited (the "Company") announces that Mr. Liu Wensheng ("Mr. Liu") has informed the Board about his retirement plan, and he will retire and resign from his position as non-executive director of the Company with effect from 13 April 2021. Mr. Liu has confirmed that he has no disagreement with the Board. The Board and Mr. Liu also confirm that they are not aware of any matters concerning the retirement of Mr. Liu that need to be brought to the attention of the shareholders of the Company.

The Board hereby expresses its sincere gratitude to Mr. Liu for his valuable contribution to the Company during his tenure.

By order of the Board

Greentown Management Holdings Company Limited

Li Jun

Chief Executive Officer and Executive Director

Hangzhou, PRC, 13 April 2021

As at the date of this announcement, the Board comprises Mr. Guo Jiafeng and Mr. Zhang Yadong as non-executive Directors, Mr. Li Jun and Mr. Lin Sanjiu as executive Directors, and Mr. Lin Zhihong, Dr. Ding Zuyu and Mr. Chan Yan Kwan Andy as independent non-executive Directors.

Disclaimer

Greentown Management Holdings Company Ltd. published this content on 14 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2021 22:10:03 UTC.


© Publicnow 2021
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Financials
Sales 2021 2 376 M 372 M 372 M
Net income 2021 548 M 85,8 M 85,8 M
Net cash 2021 2 266 M 355 M 355 M
P/E ratio 2021 10,4x
Yield 2021 6,40%
Capitalization 6 047 M 947 M 947 M
EV / Sales 2021 1,59x
EV / Sales 2022 1,19x
Nbr of Employees 1 481
Free-Float 26,2%
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Mean consensus BUY
Number of Analysts 5
Last Close Price 3,09 CNY
Average target price 5,13 CNY
Spread / Average Target 66,2%
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Managers and Directors
Jun Li Chief Executive Officer & Executive Director
Cheeric Yu Chief Financial Officer
Jia Feng Guo Non-Executive Chairman
Zu Yu Ding Independent Non-Executive Director
Yan Kwan Chan Independent Non-Executive Director