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Sichuan Energy Investment Development Co., Ltd. Class H ( (HK:1713) ) has issued an update.
Sichuan Energy Investment Development Co., Ltd. has formalised the terms of reference for its Remuneration and Evaluation Committee, a specialised board committee tasked with setting appraisal standards and designing remuneration policies and packages for directors (excluding independent non-executive directors) and senior management. The committee, composed of at least three members with a majority of independent non-executive directors and chaired by an independent non-executive director, will develop transparent performance assessment systems, review management pay proposals against corporate goals, and recommend individual remuneration packages and related incentives or penalties to the board, with directors’ pay ultimately subject to shareholder approval. The move strengthens the company’s corporate governance framework, aligns executive compensation with market benchmarks and strategic objectives, and is intended to enhance oversight and accountability to stakeholders.
The most recent analyst rating on (HK:1713) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Sichuan Energy Investment Development Co., Ltd. Class H stock, see the HK:1713 Stock Forecast page.
More about Sichuan Energy Investment Development Co., Ltd. Class H
Sichuan Energy Investment Development Co., Ltd. is a Chinese energy company listed in Hong Kong, operating under the regulatory framework of the Company Law of the People’s Republic of China and the Hong Kong Listing Rules. Its governance structure includes a board of directors and senior management positions such as general manager, deputy general managers, financial controller, chief engineer, chief economist and board secretary, reflecting a focus on regulated, large-scale energy investment and development activities.
Average Trading Volume: 97,153
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.68B
For a thorough assessment of 1713 stock, go to TipRanks’ Stock Analysis page.