Forest Cabin Sets Formal Mandate for Board Nomination Committee

Shanghai Forest Cabin Cosmetics Group Co., Ltd. Class H ( (HK:2657) ) has provided an announcement.

Shanghai Forest Cabin Cosmetics Group has formalized detailed terms of reference for its board Nomination Committee to standardize the selection and appointment of directors and senior management. The committee will comprise at least three directors, mostly independent non-executive directors and including at least one director of a different gender, with its term aligned to that of the board.

The Nomination Committee is tasked with annually reviewing board structure, size, skills and diversity, setting selection criteria and procedures for directors and senior executives, and recommending appointments, reappointments and succession plans. It will also assess independence and time commitment of independent non-executive directors, support regular board performance evaluations, and ensure non-executive directors receive clear appointment letters, reinforcing governance transparency and board effectiveness.

The most recent analyst rating on (HK:2657) stock is a Buy with a HK$103.00 price target. To see the full list of analyst forecasts on Shanghai Forest Cabin Cosmetics Group Co., Ltd. Class H stock, see the HK:2657 Stock Forecast page.

More about Shanghai Forest Cabin Cosmetics Group Co., Ltd. Class H

Shanghai Forest Cabin Cosmetics Group Co., Ltd. operates in the cosmetics and personal care industry, focusing on beauty and skincare products for the Chinese and broader Asian markets. The company is listed in Hong Kong and maintains a formal corporate governance framework aligned with the PRC Company Law and Hong Kong Listing Rules, emphasizing board structure and senior management oversight.

Average Trading Volume: 302,617

Current Market Cap: HK$9.43B

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