Zijin Mining Formalises Governance Rules for Nomination and Remuneration Committee

Zijin Mining Group Co ( (HK:2899) ) has issued an announcement.

Zijin Mining Group has formalised the terms of reference for its Nomination and Remuneration Committee, a specialised body under the board of directors tasked with overseeing the selection, evaluation and compensation of directors and senior management. The document sets out the committee’s mandate to recommend candidates, define selection criteria and procedures, and design and review remuneration policies and appraisal standards, all of which are submitted to the board or shareholders for approval. The committee will comprise six directors, with a majority of independent directors, gender diversity requirements, and leadership positions held by independent directors, aiming to enhance governance standards, transparency and professionalism in board and executive management decisions.

The most recent analyst rating on (HK:2899) stock is a Hold with a HK$42.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.

More about Zijin Mining Group Co

Zijin Mining Group Co., Ltd. is a major Chinese mining company engaged in the exploration, mining, and processing of mineral resources, with a focus on metals such as gold, copper, and zinc for domestic and international markets.

Average Trading Volume: 59,962,632

Technical Sentiment Signal: Buy

Current Market Cap: HK$1089.4B

For detailed information about 2899 stock, go to TipRanks’ Stock Analysis page.