Honma Golf Limited established an Audit Committee, a Remuneration Committee and a Nomination Committee with written terms of reference in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Corporate Governance Code as set out in Appendix C1 to the Listing Rules.
Audit Committee
The Audit Committee consists of three members, namely Mr. Lu Pochin Christopher, Mr. Wang Jianguo and Mr. Xu Hui, our independent non-executive Directors. Mr. Lu Pochin Christopher has been appointed as the chairman of the Audit Committee, and is our independent non-executive Director possessing the appropriate professional qualifications. The primary duties of the Audit Committee are to review and supervise the financial reporting process and internal control system of the Group, oversee the audit process, review and oversee the existing and potential risks of the Group and perform other duties and responsibilities as assigned by our Board.
Terms of ReferenceRemuneration Committee
The Remuneration Committee has three members, namely Mr. Wang Jianguo, Mr. Xu Hui and Mr. Zuo Jun. Mr. Wang Jianguo, our independent non-executive Director, has been appointed as the chairman of the Remuneration Committee. The primary duties of the Remuneration Committee are to establish and review the policy and structure of the remuneration for the Directors and senior management and make recommendations on employee benefit arrangement.
Terms of ReferenceNomination Committee
The Nomination Committee consists of two independent non-executive Directors, being Mr. Wang Jianguo and Mr. Lu Pochin Christopher and one executive Director, being Mr. Liu Jianguo, who is the chairman of the Nomination Committee. The primary duties of the Nomination Committee are to make recommendations to our Board on the appointment and removal of Directors of our Company.
Terms of Reference