We have established the following three committees in our Board of Directors: an audit committee,a remuneration committee and a nomination committee. The committees operate in accordance with the terms of reference established by our Board of Directors.

 

 

The Company has established an audit committee with written terms of reference in compliance with Rule 3.21 of the Listing Rules and the Corporate Governance Code and Corporate Governance Report as set out in Appendix 14 to the Listing Rules. The audit committee consists of three members,namely Mr. Kam Robert (甘廷仲)，Mr.Ma xiaoqiang（马晓强） and Ms. Ho Man Kay (何文琪), all being ourindependent non-executive Directors. Mr. Kam Robert (甘廷仲) has been appointed as the chairman ofthe audit committee and is our independent non-executive Director with the appropriate professional qualifications. The primary duties of the audit committee are to review and supervise the financial reporting process and internal control system of the Group, oversee the audit process and perform other duties and responsibilities as assigned by our Board.

 

 

The Company has established a remuneration committee with written terms of reference in compliance with Rule 3.25 of the Listing Rules and the Corporate Governance Code and Corporate Governance Report as set out in Appendix 14 to the Listing Rules. The remuneration committee has four members, namely Ms. Ho Man Kay (何文琪), Mr. Kam Robert (甘廷仲)，Mr.Ma xiaoqiang(马晓强） and Mr. Huang Xianming (黄铣铭). Ms. Ho Man Kay (何文琪) has been appointed as the chairman of the remuneration committee. The primary duties of the remuneration committee are to establish and review the policy and structure of the remuneration for the Directors and senior management and make recommendations on employee benefit arrangement.

 

 

The Company has established a nomination committee with written terms of reference in compliance with the Corporate Governance Code and Corporate Governance Report as set out in Appendix 14 to the Listing Rules. The nomination committee consists of Mr. Huang Xianming (黄铣铭),Mr. Kam Robert (甘廷仲) ,Mr.Ma xiaoqiang （马晓强）and Ms. Ho Man Kay (何文琪). Mr. Huang Xianming (黄铣铭) has been appointed as the chairman of the nomination committee. The primary duties of the nomination committee are to make recommendations to our Board on the appointment and removal of Directors of our Company.