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Lygend Resources & Technology Corrects Executive Pay Figure in 2024 Annual Report

Story Highlights
  • Lygend Resources & Technology corrected its 2024 annual report, revising Chairman Cai Jianyong’s remuneration to 25.177 million yuan.
  • The company cited a tabulation error in performance bonus data, emphasizing all other annual report disclosures remain unchanged.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lygend Resources & Technology Corrects Executive Pay Figure in 2024 Annual Report

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The latest announcement is out from Lygend Resources & Technology Co., Ltd. Class H ( (HK:2245) ).

Lygend Resources & Technology has issued a clarification to its 2024 annual report, correcting the disclosed total remuneration of chairman and executive director Cai Jianyong for 2024 to RMB 25.177 million from the previously stated RMB 37.521 million. The company attributed the discrepancy to an inadvertent tabulation error in performance-related bonus data and confirmation procedures, stressing that all other information in the annual report remains unchanged, which limits the impact to a single executive compensation figure rather than broader financial or operational metrics.

The most recent analyst rating on (HK:2245) stock is a Hold with a HK$20.50 price target. To see the full list of analyst forecasts on Lygend Resources & Technology Co., Ltd. Class H stock, see the HK:2245 Stock Forecast page.

More about Lygend Resources & Technology Co., Ltd. Class H

Lygend Resources & Technology Co., Ltd. is a Hong Kong–listed company (Class H shares) incorporated in the PRC that operates in the resources and technology sector, focusing on the development and management of resource-related businesses through its group subsidiaries.

Average Trading Volume: 5,695,675

Technical Sentiment Signal: Buy

Current Market Cap: HK$35.54B

See more insights into 2245 stock on TipRanks’ Stock Analysis page.

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