China International Capital (HK:3908) has released an update.
China International Capital Corporation Limited has established a set of procedures to ensure lawful, efficient, and effective board operations, aiming to enhance corporate governance in compliance with Chinese laws and regulations. The board, accountable to the shareholders’ meeting, is made up of 7 to 15 directors who may serve multiple terms, while the chairman and vice-chairmen hold specific responsibilities to maintain the company’s leadership structure. These rules are designed to guide decision-making processes and maintain the company’s adherence to legal and regulatory standards.
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