CGN Mining Company Limited announced a series of governance changes effective 22 June 2026. Key developments are outlined below.
Independent Director Transition • Mr. Gao Pei Ji resigned as Independent Non-Executive Director (INED) and stepped down from the Nomination, Remuneration and ESG Committees upon retirement. • Ms. Florence Man Shan Ng, aged 38, has been appointed as an INED. She is a Hong Kong Certified Public Accountant and a Type 6 responsible officer licensed for advising on corporate finance. Her three-year service contract carries a director’s fee of HK$0.12 million per annum. The Board has confirmed her independence in accordance with Rule 3.13 of the Listing Rules.
Board Committee Realignment • Ms. Ng joins the Audit, Nomination, Remuneration and ESG Committees. • Mr. Wu Yingpeng becomes Chairman of the Nomination Committee, moving from member status. • Mr. Wang Xianfeng relinquishes roles on the Audit Committee and as Chairman of the Nomination Committee. • Following these adjustments, committee compositions are: – Audit: Zhang Yuntao (Chair), Wu Yingpeng, Florence Ng – Remuneration: Wu Yingpeng (Chair), Zhang Yuntao, Florence Ng – Nomination: Wu Yingpeng (Chair), Zhang Yuntao, Florence Ng – ESG: Li Jie (Chair), Florence Ng
Gender Diversity Compliance The inclusion of Ms. Ng achieves compliance with Listing Rule 13.92(2), eliminating the previous single-gender board structure and aligning the Nomination Committee with Corporate Governance Code provision B.3.5.
Company Secretarial Changes • Ms. Lai Siu Kuen resigned as Joint Company Secretary and Authorised Representative due to work-arrangement adjustments. • Ms. Wong Pui Kiu Ingrid, a Chartered Secretary with over 10 years of corporate secretarial experience, has been appointed to both positions. • Mr. She Dong continues as the other Joint Company Secretary, while Mr. Qiu Bin remains the other Authorised Representative.
Current Board Composition As of the announcement date, the Board comprises: • Non-executive Director: Wang Xianfeng (Chairman) • Executive Directors: Qiu Bin (CEO), Li Jie • Independent Non-Executive Directors: Zhang Yuntao, Wu Yingpeng, Florence Ng
The Board expressed appreciation to the outgoing officers and welcomed the newly appointed members. All disclosures adhere to the Hong Kong Listing Rules, and no other matters require shareholder attention.
Comments