Qilu Expressway Bolsters Governance with New Audit Committee

Qilu Expressway Co., Ltd. Class H (HK:1576) has released an update.

Qilu Expressway Co., Ltd. has established an audit committee to enhance board decision-making, ensure effective management supervision, and bolster corporate governance in compliance with Chinese laws and Hong Kong Listing Rules. The committee comprises three non-executive directors, primarily independent, with duties including overseeing internal controls, financial reporting, and maintaining relationships with external auditors. It is responsible for key functions such as appointing auditors, reviewing financial disclosures, and ensuring the integrity of financial reporting.

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