CORPORATE GOVERNANCE

Audit Committee

Our Company established an audit committee in compliance with Rule 3.21 of the Listing Rules with written terms of reference in compliance with the Corporate Governance Code. Mr. Chan King Chung has been appointed as the chairman and a member of the Audit Committee; Mr. Lee Man Chiu and Mr. Li Zhouxin have been appointed as members of the Audit Committee.

Nomination Committee

Our Company established a nomination committee with written terms of reference in compliance with the Corporate Governance Code. Mr. Li Zhouxin has been appointed as the chairman and a member of the Nomination Committee; and Mr. Lee Man Chiu and Mr. Chan King Chung have been appointed as members of the Nomination Committee.

Remuneration Committee

Our Company established a remuneration committee in compliance with Rule 3.25 of the Listing Rules with written terms of reference in compliance with the Corporate Governance Code. Mr. Lee Man Chiu has been appointed as the chairman and a member of the Remuneration Committee; and Mr. Luo Ting and Mr. Chan King Chung have been appointed as members of the Remuneration Committee.