Corporate Governance

The basic structure of corporate governance is comprised of the shareholders’ meeting, the board of directors, the board of supervisors and the senior management.

The Board of Directors administers Strategy Committee, Connected Transaction Control Committee, Risk Management Committee, Audit Committee, Remuneration Committee, Nomination Committee and Consumer Rights And Interests Protection Committee.

The Board of Directors consists of 13 members, including 5 independent directors.

The Board of Supervisors administers Audit Committee and Nomination Committee. It consists of 7 supervisors, including 3 employee supervisors and 3 external supervisors.

The directors and supervisors, especially the independent directors and external supervisors appointed, are the excellent managers/experts/senior officers in these fields with professional knowledge and abundant experience.

The members of the Board of Directors and the Board of Supervisors have professional knowledge structure and specialized work experience, and are able to represent different investors and interest-related persons as well as ensure the quality of decision-making and supervision.

All the committees shall fulfill their duties and perform their responsibilities of supervision, balance and decision-making on the basis of the detailed work regulations formulated and conducted by each committee, ensuring that the implementation of all the work are in compliance with the rules.