Lingbao Gold updates past CEO pay disclosures

Lingbao Gold Group Company Ltd. issued a supplemental announcement to provide further details on the emoluments of its former chief executive officers, Mr. Qiang Shanfeng and Mr. Wang Junqiang. For the year ended December 31, 2013, Mr. Qiang, appointed on August 6, 2013, received total emoluments of RMB187,000, comprising basic salaries, allowances, and other benefits.

For the year ended December 31, 2017, Mr. Wang, appointed on January 23, 2017, received total emoluments of RMB239,000. This amount included RMB216,000 in basic salaries, allowances, and other benefits, along with RMB23,000 in contributions to retirement benefit schemes. In the year ended December 31, 2018, Mr. Wang, who resigned on June 26, 2018, received total emoluments of RMB268,000, consisting of RMB255,000 in basic salaries, allowances, and other benefits, and RMB13,000 in contributions to retirement benefit schemes.

The Company stated that Mr. Qiang's emoluments for the years ended December 31, 2014, 2015, 2016, and 2017 were previously disclosed in the respective annual reports, as he was appointed an executive director in June 2014. This supplementary information does not alter other details in the annual reports.