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China Jinmao Strengthens Governance With Expanded Remuneration and Nomination Committee Mandate

Story Highlights
  • China Jinmao set clearer rules for board composition, diversity and director selection.
  • The firm empowered its committee to oversee executive pay, performance and succession, boosting governance transparency.
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China Jinmao Strengthens Governance With Expanded Remuneration and Nomination Committee Mandate

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China Jinmao Holdings Group Limited ( (HK:0817) ) has shared an update.

China Jinmao Holdings Group Limited has formalized detailed terms of reference for its Remuneration and Nomination Committee, clarifying the body’s mandate over board composition, director selection, and senior management pay. The committee is tasked with overseeing board diversity and skills, assessing the independence of non-executive directors, managing succession planning for key leadership roles, and setting transparent policies for directors’ and executives’ remuneration, performance evaluation, and termination arrangements. By codifying these responsibilities, the company aims to strengthen its governance framework, enhance transparency in pay and appointments, and align board and management incentives with its corporate strategy, which may bolster investor confidence and support long-term strategic execution.

The most recent analyst rating on (HK:0817) stock is a Buy with a HK$1.70 price target. To see the full list of analyst forecasts on China Jinmao Holdings Group Limited stock, see the HK:0817 Stock Forecast page.

More about China Jinmao Holdings Group Limited

China Jinmao Holdings Group Limited is a Hong Kong-incorporated company engaged in property development and related businesses in mainland China, operating within the real estate and urban development sector. The group focuses on large-scale urban complexes and high-end property projects, positioning itself as a major player in China’s urbanization and real estate markets.

Average Trading Volume: 27,968,185

Technical Sentiment Signal: Sell

Current Market Cap: HK$16.35B

For an in-depth examination of 0817 stock, go to TipRanks’ Overview page.

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