We have established a board of directors and committees
- THE AUDIT COMMITTEE
- THE NOMINATION COMMITTEE
- THE REMUNERATION COMMITTEE
(The committees have acted within their respective terms of reference)
- LIST OF DIRECTORS AND THEIR ROLES AND FUNCTIONS
- TERMS OF REFERENCE OF THE AUDIT COMMITTEE
- TERMS OF REFERENCE OF THE REMUNERATION COMMITTEE
- TERMS OF REFERENCE OF THE NOMINATION COMMITTEE
We believe that diversity on the Board is essential to enhancing the performance of the Company. The Company will actively maintain an appropriate balance between business development and Board diversity.
In accordance with our Board Diversity Policy, Board members will be selected based on a variety of categories, including but not limited to gender, age, cultural and educational background, professional qualifications, skills, knowledge, and industry and regional experience. The final selection will be based on the positive impact and contribution that the selected candidate will bring to the Board.
The independence of the Board plays an important role in monitoring management performance, preventing conflicts of interest and enhancing corporate governance.
The Company confirms the independence with each independent non-executive director annually. The Nomination Committee is responsible for assessing the independence of all independent non-executive directors and disclosing independence in the annual report. At the time of assessment, the Company takes into account the factors and conditions of independence as set out in Rule 3.13 of the Listing Rules and the Rules of Procedure of the Board of Directors of the Company.
Board Performance Evaluation
In order to continuously improve the level of corporate governance and the efficiency of the Board's operations, the Board will conduct regular internal performance evaluations of the overall Board and functional committees.
The Company will hold annual meetings to review the composition, structure, perception of responsibilities, quality of decision-making and internal control of the Board and functional committees. The Board will keep records of the reviews and comments, and actively discuss and take improvement measures to continuously improve the Board's decision-making and governance performance.