China Renewable Energy Investment Tightens Governance With New Nomination Committee Mandate

China Renewable Energy Investment ( (HK:0987) ) has issued an update.

China Renewable Energy Investment Limited has formalised detailed terms of reference for its Nomination Committee, strengthening its corporate governance framework and ensuring greater transparency in board appointments. The revised structure requires a majority of independent non-executive directors on the committee, mandates at least one director of a different gender, and sets out clear rules on meetings, quorum, voting procedures and minute-keeping. The committee is tasked with annually reviewing the board’s structure, size, composition and diversity, identifying and recommending candidates for directorships, assessing the independence of independent directors, and overseeing succession planning for the chairman and chief executive. It will also monitor the implementation and disclosure of the company’s board diversity and nomination policies, signalling a more rigorous approach to governance and diversity that aligns with market and regulatory expectations and may enhance confidence among shareholders and other stakeholders.

The most recent analyst rating on (HK:0987) stock is a Hold with a HK$0.13 price target. To see the full list of analyst forecasts on China Renewable Energy Investment stock, see the HK:0987 Stock Forecast page.

More about China Renewable Energy Investment

China Renewable Energy Investment Limited is a Cayman Islands-incorporated company focused on the renewable energy sector, investing in and operating clean energy assets in China. The group positions itself within the broader transition to low-carbon power, where strong corporate governance and board oversight are increasingly important to institutional investors and other stakeholders.

Average Trading Volume: 333,678

Technical Sentiment Signal: Buy

Current Market Cap: HK$340.8M

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