董事委员会 Board Committees

Company has established the following three board committees: an audit committee, a nomination committee and a remuneration committee. Each of the three Board committees has written terms of reference. The committees operate in accordance with the terms of reference established by our Board.

审核委员会 Audit Committee

We have established an audit committee with written terms of reference in compliance with Rule 3.21 of the Listing Rules and paragraph C.3 of the Corporate Governance Code as set out in Appendix 14 to the Listing Rules. The audit committee consists of three members, namely Mr. YU Lianghui, Mr. HU Qilin and Mr. ZHANG Zuhui, with Mr. FU Lui being the chairman of the committee possessing the appropriate accounting or related financial management expertise.

The primary duties of the audit committee are to review, supervise, and assist our Board in providing an independent view of, our financial reporting processes, and internal control and risk management systems, as well as to oversee the audit process, review our annual and interim financial statements, provide advice and comments to the Board on matters related to corporate governance, and perform other duties and responsibilities as assigned by our Board from time to time. 

薪酬委员会 Remuneration Committee

We have established a remuneration committee with written terms of reference in compliance with Rule 3.25 of the Listing Rules and the Corporate Governance Code as set out in Appendix 14 to the Listing Rules. The remuneration committee consists of three members, namely Mr. ZHANG Zuhui, Mr. YU Lianghui and Mr. HU Qilin, with Mr. ZHANG Zuhui being the chairman of the committee. 

The primary duties of the remuneration committee are to (i) develop and review the policies and the structure of the remuneration for of our Directors and senior management, (ii) evaluate the performance of, and make recommendations on the remuneration packages and long-term incentive compensation or equity plans for, our Directors and senior management, and (iii) evaluate and make recommendations on employee benefit arrangements. 

提名委员会 Nomination Committee

We have established a nomination committee with written terms of reference in compliance with paragraph A.5 of the Corporate Governance Code as set out in Appendix 14 to the Listing Rules. The nomination committee consists of three members, namely Mr. CHEN He, Mr. YU Lianghui and Mr. ZHANG Zuhui, with Mr. CHEN He being the chairman of the committee.

PROCEDURES FOR SHAREHOLDERS TO PROPOSE A PERSON FOR ELECTION AS A DIRECTOR OF THE COMPANY