Jiangxi Copper Company (HK:0358) has released an update.
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Jiangxi Copper Company Limited has updated its terms of reference for the Independent Audit Committee to enhance oversight and ensure diligent performance of duties in line with current laws, regulations, and listing rules. The committee, solely comprising independent non-executive directors with requisite expertise, is tasked with reviewing financial disclosures, supervising audits, and evaluating internal controls. Additionally, measures have been put in place to prevent former partners of the company’s audit firm from serving on the committee immediately after their tenure.
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