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China Resources Building Materials Updates Board and Committee Roles

Story Highlights
  • China Resources Building Materials confirmed its updated board structure and director roles.
  • The company detailed committee memberships, emphasizing stronger independent governance oversight.
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China Resources Building Materials Updates Board and Committee Roles

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The latest announcement is out from China Resources Building Materials Technology Holdings ( (HK:1313) ).

China Resources Building Materials Technology Holdings Limited has updated its board composition, confirming the roles of three executive directors, four non-executive directors and four independent non-executive directors, led by Chairman Jing Shiqing and CEO Xie Ji. The company has also detailed the membership and chairmanship of its five key board committees, clarifying responsibilities for strategy and investment, nomination, remuneration and appraisal, audit, and risk and compliance to strengthen corporate governance and oversight.

The Strategy and Investment Committee is chaired by Jing Shiqing, while independent and non-executive directors play leading roles across the Nomination, Remuneration and Appraisal, Audit and Risk and Compliance Committees. This allocation underscores an emphasis on independent oversight and checks and balances, which is significant for investors and other stakeholders monitoring governance standards at the Hong Kong–listed building materials group.

The most recent analyst rating on (HK:1313) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on China Resources Building Materials Technology Holdings stock, see the HK:1313 Stock Forecast page.

More about China Resources Building Materials Technology Holdings

China Resources Building Materials Technology Holdings Limited is a Hong Kong–listed company in the building materials sector, focusing on cement and related construction materials across Mainland China. As part of a larger state-linked conglomerate, it operates with a governance structure that includes executive, non-executive and independent non-executive directors overseeing its strategic and operational development.

Average Trading Volume: 10,550,644

Technical Sentiment Signal: Hold

Current Market Cap: HK$12.64B

For a thorough assessment of 1313 stock, go to TipRanks’ Stock Analysis page.

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