Zijin Mining Sets Formal Mandate for Board Audit and Supervision Committee
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Zijin Mining Group Co ( (HK:2899) ) has shared an update.
Zijin Mining Group has detailed the terms of reference for its Audit and Supervision Committee, a specialised body under the board of directors tasked with reviewing the company’s financial reporting and disclosures, overseeing internal and external audits and internal controls, and assuming the statutory responsibilities of a supervisory committee under Chinese law. The committee will comprise six non-management directors, including five independent directors (at least one with professional accounting expertise) and one executive director responsible for internal supervision, and is supported administratively by an Audit and Supervision Department, underscoring the company’s efforts to standardise governance procedures, strengthen oversight of financial information, and formalise decision-making on key matters such as internal control evaluations and the appointment or removal of audit firms and senior accounting personnel.
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 primarily in the exploration, mining and processing of mineral resources, including gold, copper and other non-ferrous metals, with listings in multiple securities markets and operations subject to Chinese corporate and securities laws.
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.
