Xinhua Winshare Tightens Audit Committee Rules to Bolster Governance

Xinhua Winshare Publishing & Media Co ( (HK:0811) ) has provided an announcement.

Xinhua Winshare Publishing and Media Co., Ltd. has issued updated working rules for its board audit committee to strengthen corporate governance, improve board decision-making efficiency and standardize its audit and risk management systems. The rules detail the committee’s positioning as a specialized advisory body to the board, its composition requirements—mandating a majority of independent non-executive directors, including at least one accounting professional—and restrictions such as a cooling-off period for former audit firm partners. They also clarify member nomination, tenure, resignation procedures, and meeting requirements, including attendance thresholds, advance provision of materials and participation of financial and audit executives, aiming to reinforce oversight of internal and external audits, internal controls and the integrity of financial reporting in line with Chinese listing regulations.

The most recent analyst rating on (HK:0811) stock is a Hold with a HK$11.00 price target. To see the full list of analyst forecasts on Xinhua Winshare Publishing & Media Co stock, see the HK:0811 Stock Forecast page.

More about Xinhua Winshare Publishing & Media Co

Xinhua Winshare Publishing and Media Co., Ltd. operates in the publishing and media industry, focusing on book publishing, distribution and related media services. As a listed company on the Shanghai Stock Exchange, it is subject to China’s corporate governance and listing regulatory framework and emphasizes standardized operations, internal controls and transparent financial reporting.

Average Trading Volume: 1,093,209

Technical Sentiment Signal: Buy

Current Market Cap: HK$16.52B

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