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 4.33 years. total yearly compensation is CN¥13.15M, comprised of 22.8% salary and 77.2% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth $7.06M. The average tenure of the management team and the board of directors is 4.3 years and 5.8 years respectively.

Key information

Laichang Zou

Chief executive officer

CN¥13.1m

Total compensation

CEO salary percentage	22.8%
CEO tenure	4.3yrs
CEO ownership	0.01%
Management average tenure	4.3yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

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	n/a	n/a	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 ($USD1.82M) is below average for companies of similar size in the US market ($USD13.52M).

Compensation vs Earnings: Laichang's compensation has increased by more than 20% in the past year.

CEO

Laichang Zou (55 yo)

4.3yrs

Tenure

CN¥13,147,073

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	23.7yrs	CN¥13.01m	0.32% CN¥ 204.4m
Laichang Zou	President & Executive Vice Chairman	4.3yrs	CN¥13.15m	0.011% CN¥ 7.1m
Hongfu Lin	Executive VP & Executive Director	no data	CN¥9.32m	0.0073% CN¥ 4.6m
Hongying Lin	VP & Executive Director	7.3yrs	CN¥9.16m	0.0044% CN¥ 2.8m
Xionghui Xie	VP & Executive Director	4.3yrs	CN¥9.32m	0.0041% CN¥ 2.6m
Honghui Wu	CFO & Financial Controller	4.3yrs	CN¥1.80m	0.0039% CN¥ 2.5m
Jianhui Wu	VP & Executive Director	1.3yrs	no data	0.0026% CN¥ 1.6m
Chaoyang Que	VP & Chief Engineer	1.3yrs	no data	0.0042% CN¥ 2.7m
Youcheng Zheng	Secretary to Board of Directors	4.3yrs	CN¥1.82m	0.0041% CN¥ 2.6m
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¥ 2.4m

4.3yrs

Average Tenure

50.5yo

Average Age

Experienced Management: ZIJM.F's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jinghe Chen	Executive Chairman of the Board	23.7yrs	CN¥13.01m	0.32% CN¥ 204.4m
Laichang Zou	President & Executive Vice Chairman	17.7yrs	CN¥13.15m	0.011% CN¥ 7.1m
Hongfu Lin	Executive VP & Executive Director	10.5yrs	CN¥9.32m	0.0073% CN¥ 4.6m
Hongying Lin	VP & Executive Director	7.3yrs	CN¥9.16m	0.0044% CN¥ 2.8m
Xionghui Xie	VP & Executive Director	4.3yrs	CN¥9.32m	0.0041% CN¥ 2.6m
Jianhui Wu	VP & Executive Director	1.3yrs	no data	0.0026% CN¥ 1.6m
Xiaomin Wu	Independent Non-Executive Director	1.3yrs	no data	no data
Changqing Li	Independent Non Executive Director	4.3yrs	CN¥200.00k	no data
Shuiqing Lin	Chairman of the Supervisory Board	14.4yrs	CN¥2.04m	0.0011% CN¥ 717.4k
Sanxing Cao	Vice Chairman of the Supervisory Board	4.3yrs	no data	0.00047% CN¥ 295.8k
Jian Li	Non-Executive Director	10.5yrs	CN¥50.00k	no data
Fulong He	Lead Independent Non-Executive Director	4.3yrs	CN¥200.00k	no data

5.8yrs

Average Tenure

55yo

Average Age

Experienced Board: ZIJM.F's board of directors are considered experienced (5.8 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

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

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

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 Interim Dividend for the Six Months Ended June 30, 2023, Payable on 19 January 2024

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

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

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

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

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

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

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

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

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

Zijin Mining Group Company Limited Announces Joint Company Secretaries Appointments

Zijin Mining Group Company Limited Announces Management Changes

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.

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.

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

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.

Zijin Mining Group Company Limited Approves profit distribution proposal for the Year Ended December 31, 2021

Zijin Mining Group Company Limited (SEHK:2899) signed an agreement to acquire 15.02% stake in Fujian Longking Co., Ltd. (SHSE:600388) from Longjing Industrial Investment Group Co., Ltd., Tibet Yango Hongrui Industry and Trade Co., Ltd. and Tibet Yango Ruize Industrial Co., Ltd. for CNY 1.7 billion.

Zijin Mining Group Company Limited Proposes Final Ordinary Dividend for the Year Ended December 31, 2021

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

Zijin Mining Group Company Limited to Report Q1, 2022 Results on Apr 11, 2022

Zijin Mining Group Company Limited Provides Earnings Guidance for the Year Ended December 31, 2021

Zijin Mining Group Company Limited Announces Completion of Construction and Commencement of Production of Phase 1 of Julong Copper in Tibet

Zijin Mining Group Company Limited Proposes Final Dividend for the Year Ended March 31, 2021

Zijin Mining Group Company Limited Provides Earnings Guidance for the First Quarter of 2021

Zijin Mining Group Company Limited to Report Fiscal Year 2020 Results on Mar 19, 2021

Zijin Mining Group Company Limited to Report Q3, 2020 Results on Oct 19, 2020

Zijin Mining Group Company Limited (SEHK:2899) completed the acquisition of Guyana Goldfields Inc. (TSX:GUY) from Silvercorp Metals Inc. (TSX:SVM) and others.

Zijin Mining Group Company Limited to Report First Half, 2020 Results on Aug 22, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age