Summary by Futu AI
On 27 March 2024, PRC issued the Board Audit and Risk Management Committee's 2023 Completion Report. The report notes that the members of the Committee are all independent directors and are convened by accounting professionals. In 2023, the Committee held 6 meetings, with all members attending in person and providing expert opinions on relevant issues. The Committee approved 14 motions, including internal borrowing rates, annual reports, profit allocation projections, etc. The Committee conducted a supervisory assessment of the company's external audit institutions for 2022 and 2023, in which it considers that the external audit bodies comply with the relevant requirements and are able to independently, objectively and fairly assess the financial situation of the company. During the reporting period, the Committee also evaluated the company's internal control system, which concluded that the company had established a regular, sound and effective internal control system. The Committee will continue to play a professional role in promoting corporate compliance and sustainability.