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Audit Committee
We have established an audit committee pursuant to a resolution of our Directors passed on 1812, 2015 in compliance with the Corporate Governance Code as set out in Appendix14 to the Listing Rules. The primary duties of the audit committee are to review and supervise our financial reporting process and internal controls.
The audit committee currently consists of two Non-executive Directors and three Independent Non-executive Directors. The members of the audit committee are currently Mr. Sun Changyu, Mr. Nie Yong, Mr. Duan Chang Feng and Ms. Zou Lin and the chairman is Mr. Nie Yong.

Remuneration Committee
We have established a remuneration committee pursuant to a resolution of our Directors passed on 1812, 2015 in compliance with the Corporate Governance Code as set out in Appendix 14 to the Listing Rules. The primary functions of the remuneration committee are to make recommendations to the Board on our Company’s policy and structure for all remuneration of Directors and senior management and on the establishment of a formal and transparent procedure for developing policy on such remuneration.
The remuneration committee currently consists of Mr. Nie Yong, Mr. Duan Chang Feng, Ms. Zou Lin and Mr. Sun Changyu. It is currently chaired by Mr. Duan Chang Feng, an Independent Non-executive Director.

Nomination Committee
We have established a nomination committee pursuant to a resolution of our Directors passed on 1812, 2015 in compliance with the Corporate Governance Code as set out in Appendix 14 to the Listing Rules. The primary duties of the nomination committee are to make recommendations to the Board on the appointment or re-appointment of Directors and succession planning for Directors, in particular the chairman and chief executive officer.
The nomination committee currently consists of Mr. Xie Xiaoqing, Ms. Zou Lin, Mr. Sun Changyu, Mr. Nie Yong and Mr. Duan Chang Feng and is currently chaired by our chairman Mr. Xie Xiaoqing.

Risk Management Committee
We have established a risk management committee pursuant to a resolution of our Directors passed on 1812, 2015 with written terms of reference to replace our existing risk management committee. The primary duties of the risk management committee are to formulate and monitor the implementation of our major risk management policies and systems, ensure necessary measures are adopted by the senior management to identify, evaluate, measure, detect, control and mitigate risks and conduct regular review on the risk management reports submitted by the senior management. It is also in charge of reviewing the feasibility, risk prevention and mitigation measures of finance leasing projects larger than RMB100.0 million and other risk-related issues during our operations that may have a material impact on our business.
The risk management committee currently consists of Mr. Xie Xiaoqing, Mr. Nie Yong, Mr. Duan Chang Feng, Ms. Zou Lin and Mr. Yao Feng and is currently chaired by Mr. Xie Xiaoqing.