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Yancoal Australia helds board meeting

2019-01-16 13:00:00

On January 15th, Mr. Zhang Baocai , a member of Yankuang Committee of the CPC and Director of Yankuang, presided over board meeting of Yancoal Australia.

The meeting has considered relative proposals of Yancoal Australia, including budget program for 2019, salary raise of non-contractual staff, strategic key performance indicators, review report on risk management framework, and annual review on cross-guarantee agreements.

The meeting also covered the discussions for future development strategies of Yancoal Australia from 2019 to 2023, annual insurance renewal, China’s approval status of short-term and long-term incentive plans.