Beijing Geekplus Formalizes Audit Committee Mandate to Strengthen Governance

Beijing Geekplus Technology Co. Ltd. Class H ( (HK:2590) ) has issued an update.

Beijing Geekplus Technology Co., Ltd. has formalized the terms of reference for its Board Audit Committee, aligning its governance structure with the Company Law of the People’s Republic of China, Hong Kong Stock Exchange listing rules and its own Articles of Association. The Audit Committee, composed entirely of non-executive directors and chaired by an independent non-executive director with accounting expertise, is mandated to assume functions equivalent to a supervisory committee, oversee internal and external audits, evaluate internal controls and financial reporting, and assess risk management for major investment projects, with clear rules on membership, independence, vacancy handling, and disclosure of its remit, underscoring a strengthened governance and compliance framework for shareholders and other stakeholders.

The most recent analyst rating on (HK:2590) stock is a Buy with a HK$35.00 price target. To see the full list of analyst forecasts on Beijing Geekplus Technology Co. Ltd. Class H stock, see the HK:2590 Stock Forecast page.

More about Beijing Geekplus Technology Co. Ltd. Class H

Beijing Geekplus Technology Co., Ltd. is a China-based company whose shares are listed on the Hong Kong Stock Exchange. The company operates under the corporate governance framework required by the Company Law of the People’s Republic of China and Hong Kong listing rules, and it maintains a board structure that includes specialized committees to oversee audit, risk management, and internal control functions in support of its listed status.

Average Trading Volume: 2,941,270

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$29.9B

For an in-depth examination of 2590 stock, go to TipRanks’ Overview page.