Currently, there are seven Directors in the Board, among which 3 are independent ones. with plenty of experiences & professionalism in the fields of Legal, Finance, Monetary, Commercial, Management…and so on. Besides, to achieve a sound responsibility supervision and strengthen the management mechanism, Audit Committee, consisting of all independent Directors, is established for the Board.

Subjects Needed to be Submitted to the Board of Directors for Discussion:

• Business operation plans for the company.
• Annual financial report and half-year financial report.
• Draw-up or modification of the Internal Control system.
• Draw-up or modification of operation procedures for critical financial or business activities,  covering assets acquisition or disposal, engagement in transaction of derivative commodities,  lending capitals to others, endorsement for others or providing guarantees.
• Critical capital-lending, endorsement or providing guarantees, acquisition or disposal of critical assets or transaction of derivative commodities.
• Items involving Director’s personal interests.
• Raising, issuing, or private offering of securities with the nature of shareholder rights.
• Appointment/ discharge of supervisors for Finance, Accounting, Internal Audit, and Corporate Governance…and so on.
• Appointment, discharge, or reward for the Certified Public Accountants.
• Matters that need to be resolved at the Shareholders’ or the Board of Directors Meetings according to the laws or article regulations; or any others that are requested by any of the competent supervising authorities of the Company.