Zheng Gaoqing, Chairman of China's Jiangxi Copper, Retires and Resigns
2026-07-08 16:11
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en.Wedoany.com Reported - Jiangxi Copper Co., Ltd. (referred to as "Jiangxi Copper," 600362.SH) announced on July 8, 2026, that the company's board of directors recently received a written resignation letter from Chairman Zheng Gaoqing. Due to reaching the statutory retirement age, Zheng Gaoqing requested to resign from his positions as Chairman of the company, Director, Chairman of the Nomination Committee of the Board, and Chairman of the ESG Development Committee of the Board, and will no longer hold any position in the company. This resignation has taken effect in accordance with the law, and the company's board of directors will complete the election of a new chairman as soon as possible in accordance with relevant regulations.

Jiangxi Copper is a major copper production enterprise in China, primarily engaged in the mining, smelting, and processing of non-ferrous metals such as copper and gold. Its core mines include the Dexing Copper Mine, Yongping Copper Mine, and Chengmenshan Copper Mine, with an annual copper concentrate output containing approximately 210,000 tons of copper, making it an important domestic copper raw material base. The company was listed on the Shanghai Stock Exchange in 2002 and issued H-shares listed on the Hong Kong Stock Exchange in 2008. It is China's largest copper production base and an important gold production base, with its copper smelting capacity ranking among the top globally.

Zheng Gaoqing is a seasoned manager at Jiangxi Copper, having served as the company's Party Committee Secretary and Chairman since January 2020. During his tenure, he led the company in several major strategic initiatives, including advancing the high-end development of the company's copper processing industry, strengthening business synergies with Jiangxi Copper Group, and promoting overseas resource deployment. Under his leadership, Jiangxi Copper achieved significant growth in both revenue and profit, with the company's operating revenue exceeding 500 billion yuan in 2025 and net profit attributable to the parent company surpassing 8 billion yuan.

This personnel change is a normal retirement due to the expiration of the term. Zheng Gaoqing's resignation will not affect the normal operation of the company's board of directors or the company's production and operations. The company will complete the election of a new chairman as soon as possible in accordance with the company's articles of association. As of the announcement date, the company has not yet disclosed the successor.

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