Anhui Conch Material Technology Sets Formal Remuneration Committee Rules to Bolster Governance

An announcement from Anhui Conch Material Technology Co. Ltd. Class H ( (HK:2560) ) is now available.

Anhui Conch Material Technology has formalised detailed terms of reference and procedures for its Board remuneration committee, aimed at strengthening its remuneration management system and improving corporate governance across the group. The committee, composed of at least three directors with a majority of independent non-executive directors and chaired by an independent non-executive, is tasked with formulating and recommending the company’s remuneration policy and structure for directors and senior management, overseeing performance-related pay and incentive mechanisms, and advising on remuneration packages for executive and non-executive directors as well as senior managers. The rules also set conflict-of-interest safeguards and clarify the role of the company secretary in supporting the committee, signalling a move toward more transparent and regulated remuneration practices that align pay with corporate goals and regulatory expectations.

The most recent analyst rating on (HK:2560) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Anhui Conch Material Technology Co. Ltd. Class H stock, see the HK:2560 Stock Forecast page.

More about Anhui Conch Material Technology Co. Ltd. Class H

Anhui Conch Material Technology Co., Ltd. is a PRC-incorporated joint stock company listed in Hong Kong that operates in the materials sector, with its business conducted through the company and its subsidiaries as a corporate group structure subject to PRC company law and Hong Kong listing rules.

Average Trading Volume: 134,457

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$974.2M

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