Guangzhou Rural Commercial Bank Enhances Audit Committee Framework

Guangzhou Rural Commercial Bank Co. Ltd. Class H (HK:1551) has released an update.

Guangzhou Rural Commercial Bank has revised the terms of reference for its Audit Committee, enhancing its corporate governance framework. The committee, responsible for overseeing financial information and internal controls, will be composed of non-executive directors with financial expertise. This move aims to strengthen the bank’s decision-making mechanisms and compliance with relevant regulations.

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