Governance

Our board (the “Board”) of directors (the “Directors”) and management strive to attain and maintain high standards of corporate governance best suited to the needs of our businesses and interest and value of the shareholders of the Company (the “Shareholders”) as the Board believes that effective governance is essential to our competitiveness and to our healthy growth.

We have a board diversity policy which sets out the approach to diversify the Board. We seek to achieve Board diversity through consideration of a number of factors, including but not limited to gender, age, cultural and educational background, professional and industrial experience, skills, knowledge, length of service, and any other factors that the Board might consider relevant and applicable. The ultimate decision will be based on merit and contribution that the selected candidates will bring to the Board.

The Board is responsible for the leadership and control of the Company and collectively responsible for promoting success of the Company by directing and supervising the Company’s affairs. The Board also formulates objectives, overall corporate strategies and business plans, and oversees the financial and management performance of the Group.

The Board has a balanced composition of Executive and Non-executive Directors with each Director having sound knowledge, experience and expertise contributing to the performance and development of the Group. All Directors are aware of their collective and individual responsibilities to the Shareholders and have exercised their duties of care, skill and diligence.