PERSISTENCE RES (2489.HK)

0.670 +0.010 (+1.52%) As of 10:42AM HKT. Market open.

PERSISTENCE RES

Infinitus Plaza
Level 20 199 Des Voeux Road Centra Muping District
Sheung Wan
Hong Kong
852 3796 3146
https://www.persistenceresource.com

Sector(s): Basic Materials
Industry: Gold
Full-time employees: 450

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Xuxin Shao	Chairman of the Board & CEO	602.92k	N/A	1963
Mr. Cheuk Kwong Lo CPA	CFO, Company Secretary & Executive Director	1.37M	N/A	1963
Mr. James Thomas Mackie CGA	Executive Director	498.67k	N/A	1968
Mr. Shaohui Chen	Executive Director	242.89k	N/A	1958
Mr. Yong Huang	Head of Mine Operations	N/A	N/A	1957
Mr. Shufeng Zhou	Chairman & GM of Yantai Zhongjia Mining Co. Ltd	N/A	N/A	1982

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

Persistence Resources Group Ltd engages in the exploration, mining, and processing of gold properties in China. It operates two operating gold mines, including the Songjiagou Open-Pit Mine and the Songjiagou Underground Mine located in Songjiagou. The company was formerly known as Sinogold Resources Holdings Group Co., Ltd. and changed its name to Persistence Resources Group Ltd in May 2022. Persistence Resources Group Ltd was founded in 2005 and is based in Sheung Wan, Hong Kong. Persistence Resources Group Ltd is a subsidiary of Majestic Gold Corp.

Corporate governance

PERSISTENCE RES’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.