Zijin Mining Group Management

Management criteria checks 3/4

Zijin Mining Group's CEO is Laichang Zou, appointed in Dec 2019, has a tenure of 4.42 years. total yearly compensation is CN¥8.04M, comprised of 37.3% salary and 62.7% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth HK$54.72M. The average tenure of the management team and the board of directors is 4.4 years and 5.9 years respectively.

Key information

Laichang Zou

Chief executive officer

CN¥8.0m

Total compensation

CEO salary percentage	37.3%
CEO tenure	4.4yrs
CEO ownership	0.01%
Management average tenure	4.4yrs
Board average tenure	5.9yrs

Recent management updates

Recent updates

Zijin Mining Group Company Limited's (HKG:2899) P/E Is Still On The Mark Following 39% Share Price Bounce

Mar 17

Are Investors Undervaluing Zijin Mining Group Company Limited (HKG:2899) By 22%?

Mar 12

Is Zijin Mining Group (HKG:2899) A Risky Investment?

Nov 20

Investors Met With Slowing Returns on Capital At Zijin Mining Group (HKG:2899)

Nov 05

Is There An Opportunity With Zijin Mining Group Company Limited's (HKG:2899) 47% Undervaluation?

Oct 20

With EPS Growth And More, Zijin Mining Group (HKG:2899) Makes An Interesting Case

Apr 24

Returns At Zijin Mining Group (HKG:2899) Appear To Be Weighed Down

Apr 09

A Look At The Fair Value Of Zijin Mining Group Company Limited (HKG:2899)

Mar 12

Is Zijin Mining Group (HKG:2899) A Risky Investment?

Jan 29

Here's Why We Think Zijin Mining Group (HKG:2899) Is Well Worth Watching

Jan 15

Returns On Capital Are Showing Encouraging Signs At Zijin Mining Group (HKG:2899)

Jan 01

Zijin Mining Group Company Limited's (HKG:2899) Intrinsic Value Is Potentially 83% Above Its Share Price

Dec 04

Do Zijin Mining Group's (HKG:2899) Earnings Warrant Your Attention?

Oct 13

Investors Will Want Zijin Mining Group's (HKG:2899) Growth In ROCE To Persist

Aug 29

Is Zijin Mining Group (HKG:2899) A Risky Investment?

Aug 14

Here's Why We Think Zijin Mining Group (HKG:2899) Might Deserve Your Attention Today

Jul 14

Zijin Mining Group (HKG:2899) Shareholders Will Want The ROCE Trajectory To Continue

May 30

Does Zijin Mining Group (HKG:2899) Have A Healthy Balance Sheet?

May 13

Does Zijin Mining Group (HKG:2899) Deserve A Spot On Your Watchlist?

Apr 13

Zijin Mining Group Company Limited (HKG:2899) Shares Could Be 24% Above Their Intrinsic Value Estimate

Mar 30

Returns Are Gaining Momentum At Zijin Mining Group (HKG:2899)

Feb 17

With EPS Growth And More, Zijin Mining Group (HKG:2899) Is Interesting

Jan 09

Are Investors Undervaluing Zijin Mining Group Company Limited (HKG:2899) By 50%?

Dec 25

Zijin Mining Group (HKG:2899) Is Doing The Right Things To Multiply Its Share Price

Nov 10

We Think Zijin Mining Group (HKG:2899) Can Stay On Top Of Its Debt

Oct 26

CEO Compensation Analysis

How has Laichang Zou's remuneration changed compared to Zijin Mining Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	CN¥22b
Dec 31 2023	CN¥8m	CN¥3m	CN¥21b
Sep 30 2023	n/a	n/a	CN¥20b
Jun 30 2023	n/a	n/a	CN¥18b
Mar 31 2023	n/a	n/a	CN¥19b
Dec 31 2022	CN¥13m	CN¥3m	CN¥20b
Sep 30 2022	n/a	n/a	CN¥21b
Jun 30 2022	n/a	n/a	CN¥21b
Mar 31 2022	n/a	n/a	CN¥19b
Dec 31 2021	CN¥11m	CN¥3m	CN¥15b
Sep 30 2021	n/a	n/a	CN¥13b
Jun 30 2021	n/a	n/a	CN¥10b
Mar 31 2021	n/a	n/a	CN¥8b
Dec 31 2020	CN¥6m	CN¥3m	CN¥6b
Sep 30 2020	n/a	n/a	CN¥6b
Jun 30 2020	n/a	n/a	CN¥5b
Mar 31 2020	n/a	n/a	CN¥4b
Dec 31 2019	CN¥3m	CN¥2m	CN¥4b
Sep 30 2019	n/a	n/a	CN¥4b
Jun 30 2019	n/a	n/a	CN¥3b
Mar 31 2019	n/a	n/a	CN¥4b
Dec 31 2018	CN¥4m	CN¥2m	CN¥4b
Sep 30 2018	n/a	n/a	CN¥5b
Jun 30 2018	n/a	n/a	CN¥5b
Mar 31 2018	n/a	n/a	CN¥4b
Dec 31 2017	CN¥4m	CN¥2m	CN¥4b

Compensation vs Market: Laichang's total compensation ($USD1.11M) is above average for companies of similar size in the Hong Kong market ($USD718.10K).

Compensation vs Earnings: Laichang's compensation has been consistent with company performance over the past year.

CEO

Laichang Zou (55 yo)

4.4yrs

Tenure

CN¥8,039,653

Compensation

Mr. Laichang Zou has been President at Zijin Mining Group Company Limited since December 30, 2019 and served as its Secretary to the Board since December 2022 and serves as its Executive Vice Chairman. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jinghe Chen	Executive Chairman of the Board	23.8yrs	CN¥8.05m	0.32% CN¥ 1.6b
Laichang Zou	President & Executive Vice Chairman	4.4yrs	CN¥8.04m	0.011% CN¥ 54.7m
Hongfu Lin	Executive VP & Executive Director	no data	CN¥5.87m	0.0073% CN¥ 35.4m
Hongying Lin	VP & Executive Director	7.4yrs	CN¥5.72m	0.0044% CN¥ 21.5m
Xionghui Xie	VP & Executive Director	4.4yrs	CN¥5.53m	0.0041% CN¥ 20.1m
Jianhui Wu	VP & Executive Director	1.4yrs	CN¥5.45m	0.0026% CN¥ 12.8m
Honghui Wu	CFO & Financial Controller	4.4yrs	CN¥1.80m	0.0039% CN¥ 19.2m
Chaoyang Que	VP & Chief Engineer	1.4yrs	no data	0.0042% CN¥ 20.6m
Youcheng Zheng	Secretary to Board of Directors	4.4yrs	CN¥1.82m	0.0041% CN¥ 19.9m
Zhang Yan	Joint Company Secretary	1.3yrs	no data	no data
Ho Kin Wai	Joint Company Secretary	1.3yrs	no data	no data
Shaoyang Shen	Vice President	no data	CN¥2.58m	0.0038% CN¥ 18.6m

4.4yrs

Average Tenure

50.5yo

Average Age

Experienced Management: 2899's management team is considered experienced (4.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jinghe Chen	Executive Chairman of the Board	23.8yrs	CN¥8.05m	0.32% CN¥ 1.6b
Laichang Zou	President & Executive Vice Chairman	17.8yrs	CN¥8.04m	0.011% CN¥ 54.7m
Hongfu Lin	Executive VP & Executive Director	10.6yrs	CN¥5.87m	0.0073% CN¥ 35.4m
Hongying Lin	VP & Executive Director	7.4yrs	CN¥5.72m	0.0044% CN¥ 21.5m
Xionghui Xie	VP & Executive Director	4.4yrs	CN¥5.53m	0.0041% CN¥ 20.1m
Jianhui Wu	VP & Executive Director	1.4yrs	CN¥5.45m	0.0026% CN¥ 12.8m
Xiaomin Wu	Independent Non-Executive Director	1.4yrs	CN¥200.00k	no data
Changqing Li	Independent Non Executive Director	4.4yrs	CN¥200.00k	no data
Shuiqing Lin	Chairman of the Supervisory Board	14.5yrs	CN¥2.04m	0.0011% CN¥ 5.6m
Sanxing Cao	Vice Chairman of the Supervisory Board	4.4yrs	no data	0.00047% CN¥ 2.3m
Jian Li	Non-Executive Director	10.6yrs	no data	no data
Fulong He	Lead Independent Non-Executive Director	4.4yrs	CN¥240.00k	no data

5.9yrs

Average Tenure

55yo

Average Age

Experienced Board: 2899's board of directors are considered experienced (5.9 years average tenure).

Zijin Mining Group Management

Management criteria checks 3/4

Key information

Recent management updates

Zijin Mining Group Company Limited, Annual General Meeting, May 17, 2024

Zijin Mining Group Company Limited Announces Joint Company Secretaries Appointments

Zijin Mining Group Company Limited Announces Management Changes

Less than half of directors are independent

Zijin Mining Group Company Limited Announces Management Changes

Zijin Mining Group Company Limited, Annual General Meeting, May 17, 2022

Recent updates

Xanadu Mines Limited and Zijin Mining Group Co., Ltd. Announce Compelling Coarse Ore Flotation Results Indicate Throughput Upside for Kharmagtai

First quarter 2024 earnings released: EPS: CN¥0.24 (vs CN¥0.21 in 1Q 2023)

Zijin Mining Group Company Limited, Annual General Meeting, May 17, 2024

Zijin Mining Group Company Limited to Report Q1, 2024 Results on Apr 22, 2024

Full year 2023 earnings released: EPS: CN¥0.80 (vs CN¥0.76 in FY 2022)

Zijin Mining Group Company Limited's (HKG:2899) P/E Is Still On The Mark Following 39% Share Price Bounce

Are Investors Undervaluing Zijin Mining Group Company Limited (HKG:2899) By 22%?

Zijin Mining Group Company Limited Provides Earnings Guidance for the Year Ended December 31, 2023

Zijin Mining Group Company Limited to Report Fiscal Year 2023 Results on Mar 23, 2024

Zijin Mining Group Company Limited Announces Full Resumption of Operations of the Porgera Gold Mine in Papua New Guinea

Zijin Mining Group Company Limited Announces Full Resumption of Operations of the Porgera Gold Mine in Papua New Guinea

Zijin Mining Group Company Limited Announces Interim Dividend for the Six Months Ended June 30, 2023, Payable on 19 January 2024

Upcoming dividend of CN¥0.05 per share at 0.9% yield

Is Zijin Mining Group (HKG:2899) A Risky Investment?

Zijin Mining Group Company Limited Proposes Interim Dividend for the Six Months Ended June 30, 2023, Payable on January 19, 2024

Investors Met With Slowing Returns on Capital At Zijin Mining Group (HKG:2899)

Third quarter 2023 earnings released: EPS: CN¥0.22 (vs CN¥0.15 in 3Q 2022)

Is There An Opportunity With Zijin Mining Group Company Limited's (HKG:2899) 47% Undervaluation?

Portofino Resources Inc. (TSXV:POR) completed the acquisition of Yergo Lithium Project, Catamarca Argentina from Zijin Mining Group Company Limited (SEHK:2899).

Zijin Mining Group Company Limited to Report Q3, 2023 Results on Oct 27, 2023

Zijin Mining Group Company Limited Announces Interim Dividend for the Six Months Ended June 30, 2023, Payable on December 22, 2023

Second quarter 2023 earnings released: EPS: CN¥0.18 (vs CN¥0.25 in 2Q 2022)

Xanadu Mines Ltd and Zijin Mining Group Co., Ltd. Announce Delivery of Further Higher-Grade Drill Results During Phase One Infill Drilling At the Kharmagtai Copper and Gold Project

Zijin Mining Group (HKG:2899) Takes On Some Risk With Its Use Of Debt

Now 21% undervalued after recent price drop

Zijin Mining Group's (HKG:2899) Returns Have Hit A Wall

Xanadu Mines Ltd and Zijin Mining Group Co., Ltd. Updates on Recent Infill Drilling At the Kharmagtai Project in Mongolia

Is Zijin Mining Group Company Limited (HKG:2899) Trading At A 28% Discount?

Zijin Mining Group Company Limited Provides Earnings Guidance for the First Half Ended June 30, 2023

Xanadu Mines and Zijin Mining Group Announce Results from the First 3,400m shallow Exploration Discovery Drilling at Kharmagtai

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Zijin Mining Group Company Limited Declares Final Dividend for the Year Ended 31 December 2022, Payable on 30 June 2023

Upcoming dividend of CN¥0.20 per share at 2.0% yield

Now 23% undervalued after recent price drop

Zijin Mining Group Company Limited Proposes Final Ordinary Dividend for the Year Ended December 31, 2022, Payable on June 30, 2023

Zijin Mining Group (HKG:2899) Takes On Some Risk With Its Use Of Debt

With EPS Growth And More, Zijin Mining Group (HKG:2899) Makes An Interesting Case

Returns At Zijin Mining Group (HKG:2899) Appear To Be Weighed Down

Full year 2022 earnings released: EPS: CN¥0.76 (vs CN¥0.60 in FY 2021)

A Look At The Fair Value Of Zijin Mining Group Company Limited (HKG:2899)

Zijin Mining Group Company Limited Provides Earnings Guidance for the Year Ended December 31, 2022

Is Zijin Mining Group (HKG:2899) A Risky Investment?

Zijin Mining Group Company Limited to Report Fiscal Year 2022 Results on Feb 24, 2023

Here's Why We Think Zijin Mining Group (HKG:2899) Is Well Worth Watching

Zijin Mining Group Company Limited Announces Joint Company Secretaries Appointments

Investor sentiment improved over the past week

Returns On Capital Are Showing Encouraging Signs At Zijin Mining Group (HKG:2899)

Zijin Mining Group Company Limited Announces Management Changes

Zijin Mining Group Company Limited's (HKG:2899) Intrinsic Value Is Potentially 83% Above Its Share Price

Less than half of directors are independent

Investor sentiment improved over the past week

Zijin Mining Group Company Limited (SEHK:2899) entered into the Equity Interest Transfer Agreement to acquire an additional 30% stake in Luoyang Zijin Yinhui Gold Refinery Company Limited from Luoyang Yinan Chengfang Industrial Co., Ltd for RMB 70 million.

Zijin Mining Group Company Limited (SEHK:2899) announces an Equity Buyback for CNY 500 million worth of its shares.

Third quarter 2022 earnings released

Zijin Mining Group Company Limited (SEHK:2899) agreed to acquire 95% interest in Rosebel Gold Mines N.V. from IAMGOLD Corporation (TSX:IMG) for $360 million.

Zijin Mining Group Company Limited (SEHK:2899) entered into equity transfer agreement to acquire 30% stake in Shandong Ruiyin Mining Industry Development Company Limited from Laizhou Ruihai Investment Company Limited for RMB 3.9845 billion.

Do Zijin Mining Group's (HKG:2899) Earnings Warrant Your Attention?

Investor sentiment deteriorated over the past week

Zijin Mining Group Company Limited to Report Q3, 2022 Results on Oct 21, 2022

Investors Will Want Zijin Mining Group's (HKG:2899) Growth In ROCE To Persist

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Is Zijin Mining Group (HKG:2899) A Risky Investment?

Here's Why We Think Zijin Mining Group (HKG:2899) Might Deserve Your Attention Today

Zijin Mining Group Company Limited to Report Q2, 2022 Results on Aug 12, 2022

Zijin Mining Group Company Limited Provides Earnings Guidance for the First Half Ended June 30, 2022

Zijin Mining Group Company Limited (SEHK:2899) agreed to acquire a 71.1391% equity interest in Hunan Houdao Mining Co., Ltd. from a group of shareholders for CNY 1.8 billion.

Zijin Mining Group Company Limited Announces Management Changes

Zijin Mining Group Company Limited (SEHK:2899) completed the acquisition of a 15.02% stake in Fujian Longking Co., Ltd. (SHSE : 600388) from Longjing Industrial Investment Group Co., Ltd., Tibet Yango Hongrui Industrial & Trade Co., Ltd. and Tibet Yango Ruize Industrial Co., Ltd.