Lingbao Gold Independent Director Resigns, Triggering Temporary Governance Non-Compliance

Lingbao Gold Group Company Ltd. Class H ( (HK:3330) ) has provided an announcement.

Lingbao Gold Group Company Ltd. has announced that independent non-executive director Mr. Tan Chong Huat will resign with effect from 19 December 2025 to focus on personal endeavours, and he will simultaneously step down as chairman of the remuneration and review committee and as a member of both the audit and nomination committees. His departure leaves the board with ten members, including only three independent non-executive directors, resulting in temporary non-compliance with Hong Kong Listing Rules on the minimum proportion of independent directors on the board and the required majority of independent directors on its remuneration and nomination committees; the company is actively seeking a new independent non-executive director to restore full compliance within the three-month grace period, signalling a near‑term governance adjustment but a commitment to maintaining regulatory standards.

The most recent analyst rating on (HK:3330) stock is a Buy with a HK$20.50 price target. To see the full list of analyst forecasts on Lingbao Gold Group Company Ltd. Class H stock, see the HK:3330 Stock Forecast page.

More about Lingbao Gold Group Company Ltd. Class H

Lingbao Gold Group Company Ltd. is a joint stock limited company incorporated in the People’s Republic of China and listed in Hong Kong, engaged in the gold industry through its group of subsidiaries. The company operates under a board structure that includes executive, non-executive and independent non-executive directors, with dedicated audit, remuneration and nomination committees to oversee corporate governance and compliance with Hong Kong Listing Rules.

Average Trading Volume: 7,979,447

Technical Sentiment Signal: Buy

Current Market Cap: HK$23.08B

Learn more about 3330 stock on TipRanks’ Stock Analysis page.