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Tuya, Inc. Class A ( (HK:2391) ) has provided an announcement.
Tuya Inc. has updated its audit committee charter, effective March 2, 2026, to refine the committee’s purpose, membership criteria, and oversight responsibilities. The charter formalizes the committee’s role in monitoring financial reporting integrity, internal controls, related-party transactions, and compliance with legal and regulatory requirements.
The amended charter tightens independence and expertise requirements for audit committee members in line with U.S., NYSE, and Hong Kong listing rules, including the need for an audit committee financial expert and specific accounting qualifications. It also strengthens the committee’s direct authority over the appointment, compensation, and oversight of the independent auditor, including clear rules for approving both audit and non-audit services, which is aimed at enhancing governance and investor confidence.
The most recent analyst rating on (HK:2391) stock is a Buy with a HK$28.00 price target. To see the full list of analyst forecasts on Tuya, Inc. Class A stock, see the HK:2391 Stock Forecast page.
More about Tuya, Inc. Class A
Tuya Inc. is a technology company that operates a connected-device and Internet of Things platform for smart products. It provides software, cloud services, and related tools that enable manufacturers and developers to build, manage, and monetize smart devices across global markets.
Average Trading Volume: 39,689
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$11.64B
See more insights into 2391 stock on TipRanks’ Stock Analysis page.