China Cinda Sets Formal Mandate for Nomination and Remuneration Committee

China Cinda Asset Management Co ( (HK:1359) ) has shared an update.

China Cinda Asset Management Co., Ltd. has formalized the terms of reference for its Nomination and Remuneration Committee, a key board committee tasked with standardizing the selection, assessment and compensation of directors and senior management. The committee, composed of at least three directors with a majority of independent members and chaired by an independent director, will design procedures and standards for board and senior executive elections, review candidates’ qualifications and independence, and recommend appointments, removals and remuneration plans to the board. The move strengthens China Cinda’s corporate governance structure, aligns it more closely with Hong Kong Listing Rules and its own Articles of Association, and is intended to enhance transparency, independence and regulatory compliance in leadership selection and pay-setting, which are material considerations for shareholders and other stakeholders.

The most recent analyst rating on (HK:1359) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Cinda Asset Management Co stock, see the HK:1359 Stock Forecast page.

More about China Cinda Asset Management Co

China Cinda Asset Management Co., Ltd. is a Chinese financial institution specializing in asset management and distressed asset resolution, operating as a joint stock company with its shares listed in Hong Kong, including preference shares. The company focuses on providing restructuring, investment and management services for non-performing and other financial assets, serving financial institutions, corporates and other market participants in mainland China and overseas.

Average Trading Volume: 118,155,377

Technical Sentiment Signal: Buy

Current Market Cap: HK$50.38B

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