Shoucheng Tightens Audit Committee Rules to Bolster Governance

Shoucheng Holdings Ltd. ( (HK:0697) ) has provided an update.

Shoucheng Holdings Limited has updated the terms of reference for its audit committee, revising rules governing its composition, leadership, meeting procedures, and authorities as of 30 December 2025. The revised framework reinforces that the committee will be composed mainly of independent non-executive directors, be chaired by an independent non-executive director, and exclude recent partners of the company’s current auditor for two years, while clarifying quorum, voting, written resolutions, and the ability to obtain information from employees and seek independent professional advice. These changes strengthen the company’s corporate governance and audit oversight structure, aiming to bolster independence in financial supervision and enhance investor confidence in the robustness of its internal control and risk management processes.

The most recent analyst rating on (HK:0697) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Shoucheng Holdings Ltd. stock, see the HK:0697 Stock Forecast page.

More about Shoucheng Holdings Ltd.

Shoucheng Holdings Limited is a Hong Kong-listed company; based on this disclosure it operates with a conventional corporate governance structure featuring a board of directors, non-executive and independent non-executive directors, and formal board committees, aligning with governance standards expected of listed enterprises in the region.

Average Trading Volume: 50,504,806

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$17.82B

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