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Li Ning Enhances Audit Committee Governance

Story Highlights
  • Li Ning Company operates in the sportswear industry, focusing on apparel and footwear.
  • The company strengthens audit processes to enhance transparency and investor confidence.
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Li Ning Enhances Audit Committee Governance

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Li Ning Company ( (HK:2331) ) just unveiled an update.

Li Ning Company Limited has outlined the terms of reference for its Audit Committee, emphasizing the importance of governance and oversight in its operations. The committee, composed solely of non-executive directors, is tasked with maintaining the integrity of financial reporting and ensuring the independence of the external auditor. This move is aimed at strengthening the company’s audit processes and enhancing transparency, which is crucial for maintaining investor confidence and regulatory compliance.

The most recent analyst rating on (HK:2331) stock is a Hold with a HK$15.90 price target. To see the full list of analyst forecasts on Li Ning Company stock, see the HK:2331 Stock Forecast page.

More about Li Ning Company

Li Ning Company Limited is a company incorporated in the Cayman Islands, primarily operating in the sportswear industry. The company is known for its production and retail of sports apparel, footwear, and accessories, focusing on the Chinese market and expanding its presence internationally.

Average Trading Volume: 27,052,966

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$41.01B

See more insights into 2331 stock on TipRanks’ Stock Analysis page.

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