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Laopu Gold Tightens Board Nomination Rules to Strengthen Governance

Story Highlights
  • Laopu Gold has set formal terms of reference for its Nomination Committee to govern director and senior management selection.
  • The company is enhancing board independence, diversity and succession planning to align governance with Hong Kong listing standards.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Laopu Gold Tightens Board Nomination Rules to Strengthen Governance

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Laopu Gold Co. Ltd. Class H ( (HK:6181) ) has provided an announcement.

Laopu Gold Co., Ltd. has formalized detailed terms of reference for its board Nomination Committee, establishing a clear framework for how directors and senior management are selected, evaluated and recommended. The committee will be composed of at least three directors, with a majority being independent non-executive directors and at least one member of a different gender, and will oversee board structure, size, skills mix and diversity, succession planning for key roles, and regular performance evaluations. By codifying responsibilities around independence assessment, board diversity policy implementation and mechanisms to ensure independent views are heard, the company is strengthening its corporate governance practices in line with Hong Kong Listing Rules, which may enhance transparency, board effectiveness and investor confidence.

The most recent analyst rating on (HK:6181) stock is a Hold with a HK$717.00 price target. To see the full list of analyst forecasts on Laopu Gold Co. Ltd. Class H stock, see the HK:6181 Stock Forecast page.

More about Laopu Gold Co. Ltd. Class H

Laopu Gold Co., Ltd. is a joint stock company incorporated in the People’s Republic of China with limited liability and listed on the Hong Kong Stock Exchange under stock code 6181. The company operates in the gold industry, though this document focuses on its corporate governance framework rather than its specific products, services or market segments.

Average Trading Volume: 973,872

Technical Sentiment Signal: Hold

Current Market Cap: HK$115.4B

Find detailed analytics on 6181 stock on TipRanks’ Stock Analysis page.

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