The Board of Directors submitted a Corporate Governance Report at the end of the year ended 31 December 2023. The report showed that the company complied with the Code of Conduct provisions of the Corporate Governance Code, with the sole exception of clause D.1.2. A total of five general meetings were held that year, and all proposals were approved. The Board of Directors consists of eight directors with clear responsibilities and holds ten meetings to review the company's affairs. THERE ARE THREE BOARD COMMITTEES: AUDIT, REMUNERATION EVALUATION AND NOMINATING COMMITTEES. EACH COMMITTEE MEETS TWICE A YEAR TO FULFILL ITS DUTIES. Disclosure of remuneration by salary level for senior management. Shareholders with voting rights of 10% or more may request the convening of...Show More

The Board of Directors submitted a Corporate Governance Report at the end of the year ended 31 December 2023. The report showed that the company complied with the Code of Conduct provisions of the Corporate Governance Code, with the sole exception of clause D.1.2. A total of five general meetings were held that year, and all proposals were approved. The Board of Directors consists of eight directors with clear responsibilities and holds ten meetings to review the company's affairs. THERE ARE THREE BOARD COMMITTEES: AUDIT, REMUNERATION EVALUATION AND NOMINATING COMMITTEES. EACH COMMITTEE MEETS TWICE A YEAR TO FULFILL ITS DUTIES. Disclosure of remuneration by salary level for senior management. Shareholders with voting rights of 10% or more may request the convening of a special general meeting. The Company has adopted a Code of Conduct for Securities Transactions for Directors and Supervisors. The Audit Committee reviewed the consolidated financial statements for the year ended 31 December 2023. The company establishes an internal control system and conducts annual performance evaluations. The Board of Directors proposes a dividend based on factors such as financial performance and cash flow. During the reporting period, the Company did not purchase, sell or redeem any listed securities. The company has a transparent director nomination policy, and the Nomination Committee is responsible for recommending suitable candidates to the Board of Directors. The company maintains a strong corporate culture to achieve long-term sustainable performance and fulfill its corporate citizenship responsibilities. THE CONSOLIDATED FINANCIAL STATEMENTS FOR 2023 HAVE BEEN AUDITED IN ACCORDANCE WITH THE HONG KONG AUDIT CRITERIA. The Corporate Governance Report has been included in the Annual Report as of 31 December 2023.