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Luzhou Bank Tightens Governance With Revised Nomination and Remuneration Committee Mandate

Story Highlights
  • Luzhou Bank has updated 2025 terms for its Nomination and Remuneration Committee to strengthen corporate governance.
  • The revised rules emphasize independent membership, clearer duties and tighter procedures to bolster oversight of nominations and remuneration.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Luzhou Bank Tightens Governance With Revised Nomination and Remuneration Committee Mandate

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An update from Luzhou Bank Co., Ltd. Class H ( (HK:1983) ) is now available.

Luzhou Bank has revised and formally set out the 2025 terms of reference for its Nomination and Remuneration Committee under the board of directors, aiming to further improve its remuneration management system and corporate governance structure in line with PRC law, sector governance codes and Hong Kong listing requirements. The updated framework defines the committee’s composition, independence requirements, qualification standards, appointment and removal procedures, and the duties and authorities of both the chairperson and members, reinforcing independent oversight of director nominations and pay. By tightening rules around committee membership, meeting procedures and access to information, the bank is seeking to strengthen board-level checks and balances, enhance transparency in remuneration and nomination decisions, and signal stronger governance practices to regulators, investors and other stakeholders.

The most recent analyst rating on (HK:1983) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Luzhou Bank Co., Ltd. Class H stock, see the HK:1983 Stock Forecast page.

More about Luzhou Bank Co., Ltd. Class H

Luzhou Bank Co., Ltd. is a regional commercial bank in China, listed in Hong Kong, operating under the regulatory framework for banking and insurance institutions. It provides a range of banking and financial services and is subject to both PRC company law and Hong Kong listing rules, reflecting its focus on regulated, publicly listed banking operations.

Average Trading Volume: 4,307,801

Technical Sentiment Signal: Sell

Current Market Cap: HK$5.57B

Find detailed analytics on 1983 stock on TipRanks’ Stock Analysis page.

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