New Huo Technology Boosts Financial Oversight with Audit Committee

New Huo Technology Holdings Limited (HK:1611) has released an update.

New Huo Technology Holdings Limited has reinforced its commitment to financial transparency by establishing an audit committee responsible for overseeing the relationship with external auditors and monitoring the financial reporting system. The committee, composed mainly of independent non-executive directors, is empowered to conduct investigations and seek external advice to ensure comprehensive oversight. This move is aimed at enhancing the company’s financial governance and accountability.

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