China High Speed Transmission Enhances Audit Committee Structure

China High Speed Transmission Equipment Group Co (HK:0658) has released an update.

China High Speed Transmission Equipment Group Co. has updated the terms of reference for its Audit Committee, effective from October 31, 2024. The committee will include at least three non-executive directors, with a majority being independent, ensuring robust financial oversight. This move aligns with Hong Kong’s listing rules, reinforcing the company’s commitment to maintaining high governance standards.

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