Risk Management Committee

Risk Management Committee

On September 30, 2020, the Company set up a Risk Management Committee, which was approved by the board of directors. The 3 members of the committee were appointed by a resolution of the board of directors, all of whom are independent directors. The committee chairperson has rich industry-academia experience and professional risk management capabilities.

Responsibilities of the Risk Management Committee

  1. Regularly listen to the reporting by the risk management team and oversee the implementation of risk management by the Company and important subsidiaries.
  2. Put forward suggestions for improvement in the design of risk management policies and procedures.
  3. Review and bring forward the cases submitted by the risk management team to the board of directors for discussion.

2020 Operation of the Risk Management Committee

The Risk Management Committee meets at least once a year, with the most recent meeting date being November 13, 2020.
For details, please refer to the “Risk Management” page.