Jinmao Forms Committee for Executive Compensation Oversight

Jinmao Property Services Co., Ltd. (HK:0816) has released an update.

Jinmao Property Services Co., Ltd. has established a Remuneration and Nomination Committee to oversee director and senior management compensation and ensure a transparent and structured policy for their remuneration. The committee, primarily composed of independent non-executive directors, will also guide the Board on appointments, re-appointments, and succession planning, aiming to maintain diversity and effective governance. Regular meetings and comprehensive record-keeping are mandated to facilitate the committee’s operations and decision-making processes.

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