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China Shenghai Group Limited Establishes Remuneration Committee Framework

Story Highlights
  • China Shenghai Group Limited has established a Remuneration Committee to oversee executive pay policies.
  • The Committee aims to enhance governance and stakeholder trust through transparent remuneration practices.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Shenghai Group Limited Establishes Remuneration Committee Framework

Elevate Your Investing Strategy:

An announcement from China Shenghai Group Limited ( (HK:1676) ) is now available.

China Shenghai Group Limited has outlined the terms of reference for its Remuneration Committee, which was established by a Board resolution in 2017. The Committee is tasked with setting policies on executive remuneration and fixing remuneration packages for all Directors, with a majority of its members being independent non-executive Directors. This move is aimed at ensuring transparency and fairness in the company’s remuneration practices, potentially impacting the company’s governance and stakeholder trust.

More about China Shenghai Group Limited

Average Trading Volume: 2,529,457

Technical Sentiment Signal: Sell

Current Market Cap: HK$76.32M

See more insights into 1676 stock on TipRanks’ Stock Analysis page.

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