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CMOC Group Announces Leadership Change and Governance Reforms

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CMOC Group Announces Leadership Change and Governance Reforms

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China Molybdenum Co ( (HK:3993) ) just unveiled an announcement.

CMOC Group Limited has announced the nomination of Mr. Ma Fei as a candidate for the position of non-executive director, pending shareholder approval at the 2025 extraordinary general meeting. Mr. Ma brings extensive experience in consulting and human resources, having held senior roles at various companies. Additionally, the company plans to cancel its supervisory committee and amend its articles of association to enhance its internal control systems. These changes are aimed at streamlining governance and aligning with updated legal guidelines, potentially impacting the company’s operational efficiency and stakeholder engagement.

The most recent analyst rating on (HK:3993) stock is a Buy with a HK$20.00 price target. To see the full list of analyst forecasts on China Molybdenum Co stock, see the HK:3993 Stock Forecast page.

More about China Molybdenum Co

China Molybdenum Co, also known as CMOC Group Limited, is a joint stock company incorporated in the People’s Republic of China. It operates within the mining industry, focusing on the extraction and processing of molybdenum and other related minerals. The company is listed on the Hong Kong Stock Exchange and has a significant presence in the global mining sector.

YTD Price Performance: 241.06%

Average Trading Volume: 54,411,648

Technical Sentiment Signal: Buy

Current Market Cap: HK$386.9B

See more insights into 3993 stock on TipRanks’ Stock Analysis page.

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