Xinhua Winshare Sets Formal Rules for Board Nomination Committee to Bolster Governance

Xinhua Winshare Publishing & Media Co ( (HK:0811) ) has issued an update.

Xinhua Winshare Publishing & Media Co., Ltd. has formalized detailed working rules for its board Nomination Committee, defining its composition, appointment procedures and term limits, with a requirement that the committee comprise at least three directors, a majority of whom are independent non-executive directors and at least one of whom is of a different gender. The new rules strengthen the committee’s authority over board structure and succession, setting out responsibilities that include formulating selection criteria and processes for directors and senior management, identifying and screening candidates, evaluating the independence of non-executive directors, and regularly assessing board performance, while clarifying that its recommendations must be formally considered by the board and respected by the controlling shareholder, thereby reinforcing governance transparency and checks and balances in leadership appointments.

The most recent analyst rating on (HK:0811) stock is a Hold with a HK$11.00 price target. To see the full list of analyst forecasts on Xinhua Winshare Publishing & Media Co stock, see the HK:0811 Stock Forecast page.

More about Xinhua Winshare Publishing & Media Co

Xinhua Winshare Publishing & Media Co., Ltd. operates in the publishing and media industry, focusing on the production and distribution of books and related media content. As a listed company, it is subject to corporate governance standards that emphasize board independence, professional management, and transparent nomination and appointment processes for directors and senior executives.

Average Trading Volume: 1,093,209

Technical Sentiment Signal: Buy

Current Market Cap: HK$16.52B

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