Jilin Province Chuncheng Heating Company Limited Strengthens Governance with New Audit Committee

Jilin Province Chuncheng Heating Company Limited Class H ( (HK:1853) ) has shared an update.

Jilin Province Chuncheng Heating Company Limited has established an Audit Committee to enhance its internal control, audit, and connected transaction systems. This committee is tasked with overseeing financial reporting, risk management, and internal control systems, ensuring compliance with relevant laws and regulations. The committee’s formation is aimed at improving corporate governance, with a focus on monitoring financial procedures, assessing risk management effectiveness, and ensuring adequate resources and training for financial staff. This move is expected to strengthen the company’s operational oversight and accountability, potentially impacting its industry positioning and stakeholder confidence.

More about Jilin Province Chuncheng Heating Company Limited Class H

Jilin Province Chuncheng Heating Company Limited operates in the heating industry, focusing on providing heating services. The company is primarily involved in the management and delivery of heating solutions, with a market focus on ensuring effective corporate governance and financial management.

Average Trading Volume: 123,500

Technical Sentiment Signal: Sell

Current Market Cap: HK$681.4M

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