Zhongjin Gold board approves charter revisions, leadership changes

Zhongjin Gold Corp. announced resolutions from its eighth board of directors' sixth meeting, held on December 5, 2025. The board unanimously approved revisions to the company's articles of association, shareholder meeting rules, and board meeting rules, among others. These revisions align the company's governance with updated legal and regulatory frameworks, including the abolition of the supervisory board and the transfer of its functions to the board's audit committee.

The board also approved the appointment of Li Hongbin as deputy general manager and Xu Yuan as chief accountant, with terms extending to the current board's expiry. Li Hongbin will no longer serve as chief accountant due to this restructuring. Additionally, the board passed a report on the 2024 operating performance assessment of the management layer and authorized the convening of a second extraordinary general meeting in 2025 to approve certain resolutions.

Concurrently, the eighth supervisory board’s fifth meeting, also held on December 5, 2025, unanimously approved the revisions to the articles of association and resolved to abolish the supervisory board and its rules. Current supervisory board members Sun Jie, Chen Yu, and Feng Xiaofang will be relieved of their duties upon shareholder approval of these changes.