Chifeng Jilong Plans Name Change and Governance Updates to Reflect Group Expansion

Chifeng Jilong Gold Mining Co., Ltd. Class H ( (HK:6693) ) has provided an update.

Chifeng Jilong Gold Mining Co., Ltd. plans to change its Chinese name to Chifeng Jilong Gold Mining Group Limited in English, while keeping its stock code and stock short names unchanged. The move is intended to better reflect the company’s current business scale, strategic direction, and group-based corporate image in the gold mining sector.

Alongside the name change, the board is proposing amendments to the Articles of Association, procedural rules for general meetings and the board, and the remuneration and performance appraisal rules for directors and senior management. These measures, subject to shareholder approval at the 2025 annual general meeting, aim to align the company’s governance framework and management incentives with its expanded group structure and long-term strategy.

The most recent analyst rating on (HK:6693) stock is a Buy with a HK$43.00 price target. To see the full list of analyst forecasts on Chifeng Jilong Gold Mining Co., Ltd. Class H stock, see the HK:6693 Stock Forecast page.

More about Chifeng Jilong Gold Mining Co., Ltd. Class H

Chifeng Jilong Gold Mining Co., Ltd. is a Chinese gold mining company whose H shares trade in Hong Kong under stock code 6693. The company focuses on gold mining and related operations, and is positioning itself as a broader mining group as its business scale and strategic direction evolve.

Average Trading Volume: 10,644,198

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$88.94B

For an in-depth examination of 6693 stock, go to TipRanks’ Overview page.