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Mao Geping Cosmetics Enhances Governance with New Audit Committee Terms

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Mao Geping Cosmetics Enhances Governance with New Audit Committee Terms

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Mao Geping Cosmetics Co., Ltd. Class H ( (HK:1318) ) has shared an update.

Mao Geping Cosmetics Co., Ltd. has outlined the terms of reference for its audit committee, which aims to assist the board in applying financial reporting, risk management, and internal control principles. The committee is composed of non-executive directors, with a majority being independent, and it plays a crucial role in maintaining the company’s relationship with auditors and approving connected transactions. This move is expected to enhance the company’s governance and operational transparency, potentially strengthening its position in the market.

More about Mao Geping Cosmetics Co., Ltd. Class H

Mao Geping Cosmetics Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the cosmetics industry. The company focuses on providing beauty and personal care products, and is listed on the Hong Kong Stock Exchange under the stock code 1318.

YTD Price Performance: 79.40%

Average Trading Volume: 2,337,358

For an in-depth examination of 1318 stock, go to TipRanks’ Stock Analysis page.

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