Zhejiang Shibao Strengthens Audit Committee Governance
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Zhejiang Shibao Co. Ltd. has announced the establishment of its audit committee, consisting of at least three independent non-executive directors. The committee will oversee financial reporting, risk management, and internal controls, ensuring effective governance and independence in audit processes. This move underscores the company's commitment to robust governance practices, enhancing stakeholder confidence. The company's Class H stock has shown a year-to-date price performance of 62.81% and a market cap of HK$10.22B.
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