Board of Directors Audit Committee Nomination Committee Remuneration & Appraisal Committee Executive Board Committee Constitutional Documents & Other Information


Mr. Li Haitao
Mr. Liu Zhengyu
Mr. Wang Peihang
Dr. Dai Jingming

Main Duties

The board delegates its management and administration functions to the management, and establishes the Executive Board Committee to manage and monitor, on behalf of the board, the day-to-day operations of the Group and to implement all decisions made by the board.

In order to give a clear guidance, the duties and authorities of the Executive Board Committee are set out in its written terms of reference, mainly including:

1. to monitor all business operations of the Group;

2. to prepare and approve the Group's business plans and annual budget;

3. to deal with the ordinary business of the Group and to authorise the Chief Executive Officer taking the lead of the management for the day-to-day operations of the Group, and to authorise individual executive directors to deal with the daily operation of various business of the Group;

4. to consider and review notifiable transactions of the Group as required under the listing rules and advise the board thereon;

5. to provide information and reports of the Group upon requests by the Audit Committee, to attend and to arrange the management staff of the Group and professional advisors attending the Audit Committee meeting, and answering questions raised by the Audit Committee at such meetings;

6. to arrange appointment of professional advisors and institutions to provide assistance and advices for specialised committees under the board;

7. to develop and review the Company's policies and practices on corporate governance;

8. to review and monitor the training and continuous professional development of the directors and senior management of the Company;

9. to review the Company's compliance with the code and disclosure in the Corporate Governance Report; and

10. to review and monitor the Company's policies and practices on compliance with legal and regulatory requirements.

The Executive Board Committee reports its decisions and recommendations to the board on a timely manner, and the minutes of meetings of the Committee in relation to material matters and decisions are circulated to members of the board for information within a reasonable time.