Audit committeeWe established our audit committee on 15 October 2007 which has adopted written terms of reference in compliance with the Code of Corporate Governance Practice set out in Appendix 15 to the GEM Listing Rules. The primary duties of our audit committee are to review and supervise our financial reporting process and internal control systems.
Our audit committee comprises three independent non-executive Directors, namely Chao Guowei, Charles, Lee Kwan Hung and Liu Sai Keung, Thomas. Chao Guowei, Charles is the chairman of the audit committee.
We established a remuneration committee on 15 October 2007 which considers and recommends to our board of Directors the remuneration and other benefits paid by us to our Directors and senior management. The remuneration of all our Directors and senior management is subject to regular monitoring by the remuneration committee to ensure that levels of their remuneration and compensation are appropriate.
Our remuneration committee comprises three independent non-executive Directors, namely Chao Guowei, Charles, Lee Kwan Hung and Liu Sai Keung, Thomas. Lee Kwan Hung is the chairman of the remuneration committee.
We established a nomination committee on 15 October 2007 which considers and recommends to our board of Directors suitably qualified persons to become our Directors and is responsible for reviewing the structure, size and composition of our board of Directors on a regular basis.
Our nomination committee comprises three independent non-executive Directors, namely Chao Guowei, Charles, Lee Kwan Hung and Liu Sai Keung, Thomas. Liu Sai Keung, Thomas is the chairman of the nomination committee.
