In accordance with the “CompanyLaw”, “Company Articles of Association” and other relevant provisions, the Company has established a Strategic Planning Committee, Audit Committee, and Nomination, Assessment and Remuneration Committee, among other specific committees. The specific committees are composed solely of directors.
(1) The Audit Committee comprises threedirectors, as follows:
Chairman of the Committee: Mr. SunNan, an independent director
Members of the Committee: Mr. LiuJianwen and Mr. Hu Yi, both independent directors
(2) The Nomination, Assessment and Remuneration Committee consists of three directors, as follows:
Chairman of the Committee: Mr. LiuJianwen, an independent director
Members of the Committee: Mr. ZhangWei, a director, and Mr. Sun Nan, an independent director
(3) The Strategic Planning Committeeconsists of three directors, as follows:
Chairman of the Committee: Mr. YangCongsen, a director
Members of the committee: Mr. Hu Yiand Mr. Liu Jianwen, both independent directors
The Audit Department serves as the internal auditing division of the company, which is under the guidance of theBoard of Directors, responsible for internal audit and supervision of the establishment and implementation of the company’s financial management andinternal control systems. The Audit Department reports to the Audit Committeeof the Board of Directors.