공고 • Aug 30
Xinjiang Xinxin Mining Industry Co., Ltd. Announces Board Changes
Xinjiang Xinxin Mining Industry Co., Ltd. announced that, upon the consideration and approval by the Shareholders at the EGM held on 29 August 2025, Mr. Li Jiangping (Mr. Li) has been appointed as the executive Director of the seventh session of the Board. The Company will enter into a service contract with Mr. Li, the term of which shall commence on 29 August 2025 and expire on 13 October 2026 (being the expiry date of the seventh session of the Board). Mr. Li will not receive any director's remuneration for his role as the executive Director of the Company. Mr. Li's remuneration for his other position in the Company shall be paid in accordance with the remuneration standard and payment management method in respect of his role, and such remuneration standard is determined in accordance with the prevailing market rate and the expansion scale of the Company. Mr. Qi Xinhui has resigned as a non-executive Director and the Chairman of the Strategy and Sustainable Development (ESG) Committee of the Board of the Company with effect from the date of this announcement. Mr. Li Jiangping, aged 57, served as an employees' representative supervisor of the Company from October 2017 to March 2020. Mr. Li studied in Keketuohai Technical College from September 1985 to August 1987, majoring in mine selection, and studied in Non-ferrous Chengdu Geology Staff University from September 1990 to July 1993, majoring in safety engineering. Mr. Li is currently a national registered valuer for safety and a senior engineer of nonferrous metallurgy. Mr. Li worked in flotation at the Xinjiang Keketuohai Mining Bureau's mechanical selection plant from September 1987 to September 1990, successively served as the safety officer in safety and environmental protection department and deputy director of production and dispatching of rare metals and mine in Keketuohai, Xinjiang from September 1993 to March 2000, successively served as the section chief, deputy director, director of copper workshop and deputy supervisor of material department of Fukang Refinery from March 2000 to July 2012, successively served as the member to the Party Committee, deputy director, chairman and deputy secretary to the Party Committee of labour union, director, secretary to the Party Committee and head of Fukang Refinery from August 2012 to January 2024, and has served as the member to the Party Committee and deputy general manager of the Company since January 2024 to August 2025, and has served as the deputy secretary of Party Committee and general manager of the Company since August 2025. The Board announced that, upon the consideration and approval by the Shareholders at the EGM, Mr. Chen Yin (Mr. Chen), has been re-designated as the non-executive Director from the executive Director. The Company will enter into a service contract with Mr. Chen, the term of which shall commence on 29 August 2025 and expire on 13 October 2026 (being the expiry date of the seventh session of the Board). Mr. Chen will not receive any director's remuneration for his role as a non-executive Director of the Company. Mr. Chen's remuneration for his other position in the Company shall be paid in accordance with the remuneration standard and payment management method in respect of his role, and such remuneration standard is determined in accordance with the prevailing market rate and the expansion scale of the Company. Mr. Chen Yin, aged 39, has served as an executive Director of the Company since May 2024 and the Chairman of the Board of the Company since August 2025. Mr. Chen studied at Jiangxi University of Science and Technology, majoring in mining engineering, from September 2005 to July 2009. Mr. Chen has considerable working experience in the non-ferrous metals industry in Xinjiang both in terms of the relevant technical expertise and corporate management. Mr. Chen started his career with the Xinjiang Kalatongke immediately after his graduation from university. From July 2009 to June 2012, Mr. Chen served various positions in Xinjiang Kalatongke, including dispatcher, mining technician, technician and section chief, as well as head of the technical room and deputy head dispatcher. From June 2012 to May 2019, Mr. Chen served as deputy head, acting head and head of Mine 1 of Xinjiang Kalatongke. Furthermore, during the period from May 2019 to January 2024, Mr. Chen served as deputy head engineer, member to the Party Committee and deputy general manager as well as deputy secretary of the Party Committee and general manager of Xinjiang Kalatongke. Mr. Chen served as deputy general manager and chief engineer of the Company from October 2023 to February 2024, served as the deputy secretary of the Party Committee of the Company from January 2024 to July 2025, has served as the general manager of the Company since March 2024 to August 2025, and has served as the secretary of the Party Committee of the Company since July 2025.