China Molybdenum Co ( (HK:3993) ) has provided an update.
CMOC Group Limited announced the resignation of its non-executive director and chairman, Mr. Yuan Honglin, and executive director and vice chairman, Mr. Li Chaochun, due to personal reasons. Their departures will not affect the company’s operations or board functionality. The company has proposed the appointment of Mr. Que Chaoyang and Mr. Liu Jianfeng as new executive directors, subject to shareholder approval. These appointments bring extensive experience in mining, investment, and corporate governance, potentially strengthening CMOC’s strategic and operational capabilities.
More about China Molybdenum Co
China Molybdenum Co, operating as CMOC Group Limited, is a joint stock company incorporated in China, focusing on mining and processing of minerals. The company is involved in the extraction and production of molybdenum, tungsten, cobalt, niobium, and copper, positioning itself as a significant player in the global mining industry.
YTD Price Performance: 13.78%
Average Trading Volume: 23,119
Technical Sentiment Signal: Sell
Current Market Cap: $20.11B
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