Audit Committee

We have established an audit committee pursuant to a resolution of our Directors passed on 18 December, 2015in compliance with the Corporate Governance Code as set out in Appendix14 to the Listing Rules. The primary duties of the audit committee are to review and supervise our financial reporting process and internal controls.

The audit committee currently consists of one Non-executive Directors and three Independent Non-executive Directors. The members of the audit committee are currently Mr. Lau Hiu Fung, Mr. Wong Ming Bun David, Mr. Lie Chi Wing, Mr. Ng Wing Chung Vincent  and Mr. Ng Yuk Yeung Paul, and the chairman is Mr. Lie Chi Wing, an Independent Non-executive Director.

 

Remuneration Committee

We have established a remuneration committee pursuant to a resolution of our Directors passed on 18 December, 2015in compliance with the Corporate Governance Code as set out in Appendix 14 to the Listing Rules. The primary functions of the remuneration committee are to make recommendations to the Board on our Company’s policy and structure for all remuneration of Directors and senior management and on the establishment of a formal and transparent procedure for developing policy on such remuneration.

The members of the remuneration committee are currently Mr. Lau Hiu Fung, Ms. Wong Michelle Yatyee, Mr. Ng Wing Chung Vincent, Mr. Lie Chi Wing and Mr. Ng Yuk Yeung Paul, and the chairman is Mr. Ng Wing Chung Vincent, an Independent Non-executive Director.

 

Nomination Committee

We have established a nomination committee pursuant to a resolution of our Directors passed on 18 December, 2015in compliance with the Corporate Governance Code as set out in Appendix 14 to the Listing Rules. The primary duties of the nomination committee are to make recommendations to the Board on the appointment or re-appointment of Directors and succession planning for Directors, in particular the chairman and chief executive officer.

The members of the nomination committee are currently Mr. Lau Hiu Fung, Ms. Wong Michelle Yatyee, Mr. Ng Wing Chung Vincent, Mr. Lie Chi Wing and Mr. Ng Yuk Yeung Paul, and the chairman is Mr. Ng Wing Chung Vincent, an Independent Non-executive Director.

 

Risk Management Committee

We have established a risk management committee pursuant to a resolution of our Directors passed on 18 December, 2015with written terms of reference to replace our existing risk management committee. The primary duties of the risk management committee are to formulate and monitor the implementation of our major risk management policies and systems, ensure necessary measures are adopted by the senior management to identify, evaluate, measure, detect, control and mitigate risks and conduct regular review on the risk management reports submitted by the senior management. It is also in charge of reviewing the feasibility, risk prevention and mitigation measures of finance leasing projects larger than RMB100.0 million and other risk-related issues during our operations that may have a material impact on our business.

The members of the risk management committee are currently Ms. Wong Emilie Hoi Yan, Ms. Wong Michelle Yatyee, Mr. Wong Ming Bun David and Mr. Ng Wing Chung Vincent, and is currently chaired by Ms. Wong Emilie Hoi Yan, the Executive Director.