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Xinjiang Xinxin Mining Announces Major Governance Changes

Story Highlights
  • Xinjiang Xinxin Mining plans to abolish its Supervisory Committee, transferring its functions to the audit committee.
  • The company intends to appoint BDO as its new auditor and make governance amendments to enhance efficiency.
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The latest announcement is out from Xinjiang Xinxin Mining Industry Co ( (HK:3833) ).

Xinjiang Xinxin Mining Industry Co., Ltd. has announced significant changes to its corporate governance structure, including the abolishment of its Supervisory Committee, with its functions to be taken over by the audit committee. Additionally, the company plans to appoint an employee representative director, amend its articles of association, and change its auditor to BDO China SHU LUN PAN Certified Public Accountants LLP. These changes aim to improve decision-making efficiency and standardize operations, reflecting the company’s commitment to aligning with regulatory requirements and enhancing its governance framework.

More about Xinjiang Xinxin Mining Industry Co

Xinjiang Xinxin Mining Industry Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating in the mining industry. The company is listed on the Hong Kong Stock Exchange and focuses on enhancing its corporate governance and operational standards.

Average Trading Volume: 1,440,135

Current Market Cap: HK$1.99B

For an in-depth examination of 3833 stock, go to TipRanks’ Stock Analysis page.

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