Chongqing Iron & Steel Co., Ltd. Class H (HK:1053) has released an update.
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Chongqing Iron & Steel Co., Ltd. has announced a new remuneration scheme for its directors and supervisors for 2024-2026, focusing on performance-based salaries and allowances. Directors who are directly involved in management will receive a blend of base salary, performance-related pay, and allowances, while independent non-executive directors will receive fixed annual allowances. This scheme will be presented at the company’s general meeting for approval.
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