Corporate Governance

Board of directors and board committees

The Board currently consists of six Directors comprising three executive Directors and three independent non-executive Directors. Our Board is responsible for and has the general powers in managing and conducting our Company’s business. The following table sets out the information regarding the members of the Board and senior management:

  • Board of Directors
    • Board of Directors
        • NAME
        • POSITION
        • PRINCIPAL RESPONSIBILITIES
        • Mr. CHEN Zhi
        • Chairman
        • Under Construction
        • Mr. QIU Dong
        • Executive Director
        • Under Construction
        • Mr. YAU Kin Wing, Sino
        • Chief Executive Officer
        • Under Construction
        • Mr. CHAN Tsang Mo
        • Independent Non-Executive Director
        • Providing independent judgement on our strategy, performance, resources and standard of conduct
        • Mr. FUNG Chi Kin
        • Independent Non-Executive Director
        • Providing independent judgement on our strategy, performance, resources and standard of conduct
        • Mr. SHEN Zejing
        • Independent Non-Executive Director
        • Providing independent judgement on our strategy, performance, resources and standard of conduct

         

         

        • Mr. SO Wai Man
        • Independent Non-executive Director
        • Providing independent judgement on our strategy, performance, resources and standard of conduct
  • Board Committees
    • Board of Committees
      • Audit Committee

        Our Company established an Audit Committee pursuant to a resolution of our Directors passed with written terms of reference in compliance with the Code on Corporate Governance Practices as set out in Appendix 14 to the Listing Rules. The primary duties of the audit committee are, among other things, to make recommendation to the Board on the appointment, reappointment and removal of external auditor; review the financial information; and oversee the financial reporting system and internal control procedures of our Company.  At present, the Audit Committee consists of four members, namely Mr. Chan Tsang Mo, Mr. Fung Chi Kin, Mr. Shen Zejing and Mr. So Wai Man.  Mr. Chan Tsang Mo is the chairman of the Audit Committee.

         

        Remuneration Committee

        Our Company established a Remuneration Committee pursuant to a resolution of our Directors passed with written terms of reference in compliance with the Code on Corporate Governance Practices as set out in Appendix 14 to the Listing Rules. The primary duties of the remuneration committee are to make recommendation to the Board on the overall remuneration policy and structure relating to all Directors and senior management of our Group, review and approve the management’s remuneration proposals, and ensure none of our Directors determine their own remuneration.  The Remuneration Committee consists of four members, namely Mr. Chen Zhi, Mr. Chan Tsang Mo, Mr. Shen Zejing and Mr. So Wai Man.  Mr. So Wai Man is the chairman of the Remuneration Committee.

         

        Nomination Committee

        Our Company established a Nomination Committee pursuant to a resolution of our Directors passed with written terms of reference in compliance with the Code on Corporate Governance Practices as set out in Appendix 14 to the Listing Rules have been adopted. The primary function of the nomination committee is to make recommendations to the Board regarding appointment of Directors and candidates to fill vacancies on the Board. The Nomination Committee consists of five members, namely, Mr. Chen Zhi, Mr. Chan Tsang Mo, Mr. Fung Chi Kin, Mr. Shen Zejing and Mr. So Wai Man.  Mr. Chen Zhi is the chairman of the nomination Committee.

         

         

         

  • Senior Management
    • Senior Management
        • NAME
        • POSITION
        • PRINCIPAL RESPONSIBILITIES
        • Mr. IP Ying Hang
        • Financial Controller and Company Secretary
        • Financial reporting, financial planning, treasury, financial control and overall company secretarial matters

CORPORATE GOVERNANCE

Our Company will comply with the Corporate Governance Code in Appendix 14 to the Listing Rules. Our Directors will review our corporate governance policies and compliance with the Corporate Governance Code each financial year and comply with the “comply or explain” principle in our corporate governance report which will be included in our annual reports upon the Listing.