| CMC is committed to establishing and maintaining, with best effort, a corporate governance system which complies with the “Code on Corporate Governance Practices” issued by the Stock Exchange of Hong Kong.
Audit Committee
The audit committee of CMC consists of two non-executive Directors, namely: Xiong Weiping, Caiming Liu, and three independent non-executive Directors, namely: Lai Yat Kwong Fred, Scott McKee Hand, Ronald Ashley Hall, with Lai Yat Kwong Fred being the chairman of the committee.
The primary duties of the audit committee are to assist our Board in providing an independent view of our financial reporting process, internal control and risk management system, oversee the audit process and perform other duties and responsibilities as assigned by our Board.
 Terms of Reference of Audit Committee
Remuneration Committee
The remuneration committee consists of two non-executive Directors, namely Xiong Weiping, Chengzhong Zhang, and three independent non-executive Directors, namely: Scott McKee Hand, Ronald Ashley Hall, Lai Yat Kwong Fred, with Scott McKee Hand being the chairman of the committee.
The primary duties of the remuneration committee are to develop remuneration policies of our Directors, evaluate the performance, and make recommendations on the remuneration packages, of our Directors and senior management and evaluate and make recommendations on employee benefit arrangements.
Terms of Reference of Remuneration Committee
Nomination Committee
The nomination committee consists of two non-executive Directors, namely Xiong Weiping, Chengzhong Zhang, and three independent non-executive Directors, namely: Scott McKee Hand, Ronald Ashley Hall, Lai Yat Kwong Fred, with Xiong Weiping being the chairman of the committee.
The primary function of the nomination committee is to make recommendations to our Board in relation to the appointment and removal of Directors.
Terms of Reference of Nomination Committee
Executive Committee
The executive committee consists of three executive Directors, namely Peng Huaisheng, Huang Shanfu, Liang Yunxing, and three non-executive Directors, namely: Xiong Weiping, Chengzhong Zhang and Caiming Liu with Xiong Weiping being the chairman of the committee.
The primary duties of the executive committee are to make chief operating decisions, review internal reports to allocate resources to operating segments and assess their performance from profit or loss perspective and product perspective, and approve significant projects.
Technical Committee
The technical committee consists of three executive Directors, namely Peng Huaisheng, Huang Shanfu, Liang Yunxing, and three independent non-executive Directors, namely: Scott McKee Hand, Ronald Ashley Hall, Francisco Augusto Baertl Montori, and two members of the senior management, namely Ezio Buselli and David Thomas, with Peng Huaisheng being the chairman of the committee.
The functions of the technical committee include:
-
overseeing the technical matters relating to exploration, development, permitting, construction and operation of the Company’s mining activities, the resources and reserves on the Company’s mineral resource properties and the material technical commercial arrangements regarding EPCM activities;
-
formulating the operating and production plans for proposed and existing operating mines;
-
reviewing operational, health, safety and environmental policies, monitoring the implementation and effectiveness of compliance systems; and
-
reviewing data and making recommendations to the Board concerning the advisability of proceeding with the exploration, development and acquisition or divestiture of mineral properties and/or operations.
Memorandum and Articles of Association of the Company
Please Download
List of Directors and Their Role and Function
Please Download
Procedure for Shareholder to Propose Candidate for Election of Directors of the Company
Please Download
|
