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Tongguan Gold Revamps Nomination Committee to Meet New Governance Code

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Tongguan Gold Revamps Nomination Committee to Meet New Governance Code

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Tongguan Gold Group Ltd. ( (HK:0340) ) just unveiled an announcement.

Tongguan Gold Group Limited has adjusted the composition of its nomination committee, appointing executive director Ms. Feng Fangqing as a new member effective 19 December 2025. Following the change, the nomination committee will consist of three independent non-executive directors and two executive directors, a move made in response to recent amendments to Hong Kong’s Corporate Governance Code. The board believes the new structure will improve the committee’s effectiveness and diversity and further enhance the company’s overall corporate governance practices, aligning Tongguan Gold more closely with evolving regulatory expectations and stakeholder demands for stronger oversight.

The most recent analyst rating on (HK:0340) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on Tongguan Gold Group Ltd. stock, see the HK:0340 Stock Forecast page.

More about Tongguan Gold Group Ltd.

Tongguan Gold Group Limited is a Hong Kong-listed company (stock code: 00340) incorporated in Bermuda with limited liability. Its board currently comprises five executive directors and three independent non-executive directors, reflecting a conventional governance structure for a mid-sized listed enterprise.

YTD Price Performance: 452.36%

Average Trading Volume: 24,537,673

Technical Sentiment Signal: Buy

Current Market Cap: HK$14.35B

For a thorough assessment of 0340 stock, go to TipRanks’ Stock Analysis page.

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