Tianqi Lithium Moves to Elect New Board and Maintain Governance Continuity

An announcement from Tianqi Lithium Corp. Class H ( (HK:9696) ) is now available.

Tianqi Lithium Corporation has proposed the election of a new, seventh session of its board of directors as the term of the current sixth session nears expiry, nominating three existing executives and three new independent non-executive directors. The nominees, who bring experience in accounting, auditing, law, corporate governance and mineral resource evaluation, have confirmed their independence and lack of conflicts, and will serve three-year terms with fixed annual fees if approved at an upcoming extraordinary general meeting.

The nomination process followed the company’s articles and was vetted by its nomination and governance committee and the full board, aiming to maintain board diversity and strengthen professional oversight. Director remuneration for the new term will follow the scheme approved at the 2023 annual general meeting, with each independent non-executive director to receive an annual fee of RMB417,000, signaling continuity in the company’s governance and compensation framework.

The most recent analyst rating on (HK:9696) stock is a Buy with a HK$78.00 price target. To see the full list of analyst forecasts on Tianqi Lithium Corp. Class H stock, see the HK:9696 Stock Forecast page.

More about Tianqi Lithium Corp. Class H

Tianqi Lithium Corporation is a Mainland China-based company listed in Hong Kong that operates in the lithium industry, supplying lithium products used primarily in batteries and new energy applications. The company is governed by a board structure that includes executive and independent non-executive directors, in line with Hong Kong listing and corporate governance requirements.

Average Trading Volume: 5,770,075

Technical Sentiment Signal: Buy

Current Market Cap: HK$108.8B

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