Zijin Mining board approves 2023 reports, dividend, and key appointments

Zijin Mining Group Co., Ltd. announced resolutions from its tenth meeting of the sixth session of the Board of Directors, held on March 29, 2024. All eleven directors attended. Key resolutions included the approval of the 2023 annual report and its summary, the 2023 profit distribution plan, and the 2024 financial budget report. The board also reviewed and approved the 2023 internal control evaluation report and the annual report on social responsibility, environment, and governance for 2023.

The meeting further saw the approval of several new appointments and re-elections. Lin Hongfu was appointed chief engineer and Shen Shaoyang as vice president. Qin Changsen was re-elected as an independent non-executive director for the sixth session, and Wu Guodong and Wei Chunling were re-elected as employee representative supervisors for the seventh session of the supervisory committee. These re-elections will be submitted for shareholder approval at the upcoming Annual General Meeting.

The board also approved the convening of the 2023 Annual General Meeting, where shareholders will vote on the proposed profit distribution plan, among other items. The dividend distribution proposal includes a cash dividend of 0.3 yuan per share (inclusive of tax) based on 26,206,857,114 shares, totaling 7,862,057,134.2 yuan. Shareholders of A shares and H shares will receive their dividends in yuan.