Luzhou Bank Tightens Governance With 2025 Nomination and Remuneration Committee Mandate
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Luzhou Bank Co., Ltd. has revised its Nomination and Remuneration Committee's terms for 2025, ensuring compliance with Chinese corporate law and Hong Kong Listing Rules. The committee will consist of three to five directors, predominantly independent, with no controlling shareholder representatives. This update aims to enhance governance, transparency, and board independence. The current analyst rating for Luzhou Bank's stock (HK:1983) is a Hold, with a price target of HK$2.00. The bank focuses on compliance and corporate governance within the PRC banking framework.
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