The audit committee of Texhong International Group is responsible for reviewing and supervising the financial reporting procedures and internal control systems of the Group and providing opinions and recommendations to the board.

The audit committee also assumes the duties as a supervisor for ethical standards of the Group, responsible for monitoring its compliance with the rules, standards and policies that work as the guidance of its acts, supervising the investigation of reported cases and deciding penalties for violations.

The power and duties adopted by the audit committee comply with the code provisions of the Corporate Governance Code.

Composition of Audit Committee:
        Mr. Shu Wa Tung, Laurence  (Chairman)
        Prof. Tao Xiaoming
        Prof. Cheng Longdi

The remuneration committee of Texhong International Group is mainly responsible for formulating all remuneration policies and structures for the directors and senior management of the Group and providing opinions and suggestions to the board. The remuneration committee has adopted the power and duties consistent with the code provisions of the Corporate Governance Code.

Composition of Remuneration Committee:
        Mr. Shu Wa Tung, Laurence (Chairman)
        Prof. Tao Xiaoming
        Prof. Cheng Longdi

The nomination committee of Texhong International Group has sufficient resources to perform its duties and can seek independent professional advice when necessary in accordance with the policy of the Company. The terms of reference adopted by the nomination committee comply with the code provisions of the Corporate Governance Code.

Composition of Nomination Committee:
        Mr. Hong Tianzhu (Chairman)
        Mr. Shu Wa Tung, Laurence
        Prof. Tao Xiaoming
        Prof. Cheng Longdi

The board of directors of Texhong International Group is fully responsible for the ESG management of the Group.

A meeting will be convened in August to consider the approval of establishing a committee named the Environmental, Social and Governance Committee(ESG Committee).

The ESG Committee will assist the board in guiding and supervising the development and implementation of ESG work by the Group, including:
(I)       Corporate governance and corporate behavior;
(II)      Environmental protection and response to climate change;
(III)     Labour management and health and safety;
(IV)     Product quality and safety;
(V)      Network security;
(VI)     Intellectual property and privacy protection; and
(VII)    Charity and community investment.

The committee is composed of executive directors and independent non-executive directors, with independent non-executive directors accounting for the majority. 

Composition of ESG Committee:
        Mr. Zhu Yongxiang (Chairman)
        Prof. Tao Xiaoming
        Prof. Cheng Longdi
        Mr. Shu Wa Tung, Laurence