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Corporate Profile
Chairman's Statement
Board of Directors
Vision and Mission
Corporate Governance
Corporate Social
Responsibility
 

The Group has been endeavoring to maintain a high standard of corporate governance and fulfilling the requirements by laws and regulations. In order to achieve the objectives of corporate governance, we have ascertained that our corporate decisions’ program, internal audits and controls, information disclosure and communication with shareholders have all fulfilled the requirements of a well and practical management as well as in full compliance with regulatory standards.

Board Committees

Introduction of the Group's Board Committees and their members are as follows:

Executive Committee

Introduction
The Executive Committee has been conferred with the general powers of the Board (except those matters specifically reserved for the Board) to manage and oversee the operations of the Group.

Members
The Executive Committee comprises five executive directors, namely Mr. Li Shaofeng, Mr. Ding Rucai, Mr. So Kwok Hoo, Mr. Chen Zhaoqiang and Mr. Liu Qingshan. The Committee is chaired by Mr. Li Shaofeng.

Audit Committee (Terms of Reference)

Introduction
The principal duties of the Audit Committee include, among other things:

  • overseeing the relationship with the Company’s auditor;
  • reviewing the interim and annual financial statements; and
  • reviewing the Company’s financial reporting system and internal control procedures.

Members
The Audit Committee comprises four independent non-executive directors, namely Mr. Kee Wah Sze, Mr. Choi Wai Yin, Mr. Chan Pat Lam and Mr. Japhet Sebastian Law. The Committee is chaired by Mr. Choi Wai Yin.

Nomination Committee (Terms of Reference)

Introduction
The principal duties of the Nomination Committee include:

  • reviewing the structure, size and composition of the Board;
  • identifying individuals suitably qualified to become Board members and selecting or making recommendations to the Board;
  • making recommendations to the Board on relevant matters relating to the appointment or re-appointment of Directors and succession planning for Directors; and
  • assessing the independence of Independent Non-executive Directors.

Members
The Nomination Committee comprises five members, including four independent non-executive directors namely Mr. Kee Wah Sze, Mr. Choi Wai Yin, Mr. Chan Pat Lam and Mr. Japhet Sebastian Law and one executive director namely Mr. Li Shaofeng. The Committee is chaired by Mr. Li Shaofeng.

Remuneration Committee (Terms of Reference)

Introduction
The principal duties of the Remuneration Committee include:

  • making recommendations to the Board on the Company’s policy and structure for all Directors' and senior management's remuneration;
  • reviewing and approving performance-based remuneration;
  • determining the specific remuneration packages of all Executive Directors and senior management and making recommendations to the Board of the remuneration of Non-executive Directors;
  • reviewing and approving the compensation payable to Executive Directors and senior management and the compensation arrangements relating to dismissal or removal of Directors for misconduct; and
  • ensuring that no Director or any of his/her associates is involved in deciding his/her own remuneration.

Members
The Remuneration Committee comprises six members, including four independent non-executive directors namely Mr. Kee Wah Sze, Mr. Choi Wai Yin, Mr. Chan Pat Lam and Mr. Japhet Sebastian Law, one non-executive director namely Mr. Leung Shun Sang, Tony and one executive director namely Mr. Li Shaofeng. The Committee is chaired by Mr. Japhet Sebastian Law.
 

 

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