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Zijin Mining Sets Governance Framework for Nomination and Remuneration Committee

Story Highlights
  • Zijin Mining has established detailed terms for a board-level Nomination and Remuneration Committee.
  • The committee’s structure, duties, and independence rules aim to strengthen governance, oversight and executive pay practices.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zijin Mining Sets Governance Framework for Nomination and Remuneration Committee

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Zijin Mining Group Co ( (HK:2899) ) just unveiled an update.

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 standardising procedures for selecting, evaluating, and compensating directors and senior management. The document sets out the committee’s responsibilities, including proposing candidates and selection criteria, designing and reviewing remuneration policies and incentive schemes, and setting appraisal standards, while also prescribing its composition—six directors with a majority of independent directors, gender diversity requirements, and defined qualifications—aimed at enhancing corporate governance, decision-making efficiency, and alignment with Chinese company and securities law as well as listing rules.

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 particular focus on gold, copper, and other non-ferrous metals for domestic and international markets.

Average Trading Volume: 59,962,632

Technical Sentiment Signal: Buy

Current Market Cap: HK$1089.4B

Learn more about 2899 stock on TipRanks’ Stock Analysis page.

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