Bank of Jiujiang Strengthens Audit Committee Powers and Governance Framework

Bank of Jiujiang Co., Ltd. Class H ( (HK:6190) ) has provided an announcement.

Bank of Jiujiang has revised the terms of reference for its Board Audit Committee as of February 2026, aligning its structure and operations with the Company Law of the People’s Republic of China, banking governance guidelines and Hong Kong Listing Rules. The committee must be composed of at least three non-executive directors, with a majority of independent directors and at least one member possessing professional accounting or financial management expertise.

The updated framework clarifies that the Audit Committee will exercise supervisory powers equivalent to those of a board of supervisors, including oversight of financial policies, reporting procedures and the conduct and performance of directors and senior management. It can propose or convene shareholders’ meetings, demand rectification of harmful conduct, recommend removal of directors or executives and initiate legal proceedings, strengthening internal control, accountability and investor protection for stakeholders.

The most recent analyst rating on (HK:6190) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Bank of Jiujiang Co., Ltd. Class H stock, see the HK:6190 Stock Forecast page.

More about Bank of Jiujiang Co., Ltd. Class H

Bank of Jiujiang Co., Ltd. is a commercial bank incorporated in the People’s Republic of China and listed in Hong Kong, operating under Chinese banking regulations and the Hong Kong Listing Rules. It provides banking and financial services and is subject to corporate governance standards for banking and insurance institutions, with a formal board and committee structure overseeing its operations.

YTD Price Performance: 5.85%

Average Trading Volume: 22,973

Technical Sentiment Signal: Sell

Current Market Cap: HK$5.15B

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