Sinotruk Hong Kong Enhances Audit Committee Structure

Sinotruk Hong Kong ( (HK:3808) ) has issued an update.

Sinotruk (Hong Kong) Limited has outlined the terms of reference for its Audit Committee, which is to be appointed by the company’s board of directors and must include at least three non-executive directors, with a majority being independent. The committee is tasked with overseeing financial reporting and auditing processes, meeting at least twice a year with external auditors, and ensuring compliance with financial management standards. This structured approach aims to enhance transparency and accountability within the company’s operations, potentially strengthening its market position and stakeholder trust.

The most recent analyst rating on (HK:3808) stock is a Hold with a HK$20.00 price target. To see the full list of analyst forecasts on Sinotruk Hong Kong stock, see the HK:3808 Stock Forecast page.

More about Sinotruk Hong Kong

Average Trading Volume: 3,512,238

Current Market Cap: HK$62.4B

For a thorough assessment of 3808 stock, go to TipRanks’ Stock Analysis page.