Jiangsu Horizon Chain Supermarket Sets Up Board Remuneration Committee to Bolster Governance

Claim 70% Off TipRanks This Holiday SeasonUnlock hedge-fund level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potentialJiangsu Horizon Chain Supermarket Company Limited Class H ( (HK:2625) ) has shared an update. Jiangsu Horizon Chain Supermarket Company Limited has established a Remuneration Committee under its board of directors to strengthen its remuneration and appraisal management system and enhance corporate governance in line with PRC company law, Hong Kong Listing Rules and its Articles of Association. The newly adopted terms of reference set out the committee’s mandate to formulate performance appraisal standards, assess directors and senior management who receive remuneration from the company, and design and review remuneration policies and plans, while prescribing its composition, independence requirements, appointment and removal procedures, and reporting obligations to ensure a majority of independent non-executive directors oversee pay and performance at the board level. More about Jiangsu Horizon Chain Supermarket Company Limited Class H Jiangsu Horizon Chain Supermarket Company Limited is a PRC-incorporated joint stock company operating in the supermarket and chain retail sector, with its H-shares listed on the Hong Kong Stock Exchange. The company focuses on providing grocery and daily consumer goods through its supermarket network, targeting mass-market customers in China. Average Trading Volume: 1,427,276 Technical Sentiment Signal: Strong Sell Current Market Cap: HK$992M Learn more about 2625 stock on TipRanks’ Stock Analysis page.