The main responsibilities of the audit committee are to review and supervise the group's financial reporting procedures and internal control system, review and approve related transactions and make recommendations to the board of directors. The chairman of the audit committee is Mr. Li Xinshou, and the members include Ms. Kong Fanhua and Mr. Chen Zhiyong.

The main responsibility of the compensation committee is to review the terms of remuneration, bonus and other remuneration payable to directors and senior management and make recommendations to the board of directors. The chairman of the compensation committee is Ms. Kong Fanhua and the members include Mr. Li Xinshou and Mr. Chen Zhiyong.

The main responsibility of the nomination committee is to make recommendations to the board of directors on the appointment of directors and the succession of members of the board of directors. If a candidate is to serve as a director of the seventh (or more) listed company, the nomination committee will also consider whether the candidate is able to devote enough time to performing the duties of the directors and members of the special committees under the board of directors, and whether the candidate for independent non-executive directors is able to devote enough time to the board of directors. The nomination committee is composed of three members, namely Professor Li Renfa, Ms. Kong Fanhua and Mr. Qin Shuguang is currently the chairman of the nomination committee.

We have established a Environmental, Social and Governance committee with written terms of reference. The primary duty of the Environmental, Social and Governance Committee is to oversee and guide our Company’s Environmental, Social and Governance initiatives. The Environmental, Social and Governance Committee comprises three Directors, namely Ms. Liu Zhilan, Mr. Deng Denghui and Mr. Shen Jianfei. Ms. Liu Zhilan is the chairlady of our Environmental, Social and Governance Committee.