Zijin Mining revamps governance, appoints honorary chairman, makes disaster relief donation

Zijin Mining Group Co., Ltd. held its Eighth Extraordinary Board Meeting on November 28, 2025, approving several key changes. The company will discontinue its supervisory board, with its functions transferred to the board's audit and oversight committee. The board of directors will expand from 13 to 15 members, including one new employee director and one new independent director, bringing the total to seven executive directors, one non-executive director, and seven independent directors. Additionally, new senior management roles will be established, including a standing vice president and co-chief financial officer.

In recognition of his contributions, Mr. Chen Jinghe, the company's founder, will be appointed as lifetime honorary chairman and senior advisor. This move is intended to facilitate a transition from "founder-driven" to "system-driven" management. The board also approved the Ninth Board of Directors' remuneration and assessment plan, tailored to the company's industry position and performance.

The company also announced a donation of HK$20,000,000 to support disaster relief and reconstruction efforts in Hong Kong's Tai Po District, following a severe fire on November 26, 2025, at the Macro Garden estate. The donation aims to provide emergency aid and resettlement assistance for affected residents.