An Audit Committee was established on 9 October 2023 and approved by the Board of Directors on 26 March 2024. The Audit Committee was established on 9 October 2023. The Committee shall consist of at least three members and shall include at least one independent non-executive director with appropriate professional qualifications. The Chairman of the Committee shall be held by an independent non-executive director and shall have the right to cast a deciding vote when the votes are tied. Meetings of the Committee shall be held at least twice a year and shall be kept by the Secretary of the Committee. The Committee's powers include monitoring the company's financial statements, auditing, risk management and internal control systems, etc., and may be authorized...Show More

An Audit Committee was established on 9 October 2023 and approved by the Board of Directors on 26 March 2024. The Audit Committee was established on 9 October 2023. The Committee shall consist of at least three members and shall include at least one independent non-executive director with appropriate professional qualifications. The Chairman of the Committee shall be held by an independent non-executive director and shall have the right to cast a deciding vote when the votes are tied. Meetings of the Committee shall be held at least twice a year and shall be kept by the Secretary of the Committee. The Committee's powers include monitoring the company's financial statements, auditing, risk management and internal control systems, etc., and may be authorized by the Board to investigate related activities. The Chairman of the Committee shall report to the Board of Directors after the meeting and answer relevant questions at the Annual General Meeting. The Company will publish the terms of reference of the Committee on its official website and on the website of the United Stock Exchange Limited.