DIRECTORS & SENIOR MANAGEMENT

Senior Management

Mr. Liu Jia, Chairman & Executive Director, and Chief Executive Officer.
Mr. Ma Heming, Executive Director & General Manager.
Ms Tang Yuk Ha, Company Secretary and authorised representative.
Mr. Lee Wai Kwong, Assistant General Manager.

Board Committee

The following committees have been established by the board of directors and operate in accordance with the terms of reference established by the board of directors.

Audit Committee
Everbright Grand China Assets Limited has set up an audit committee and specified its terms of reference in accordance with Article 3.21 of the Listing Rules and paragraphs C.3 and D.3 of the Corporate Governance Code contained in Appendix 14 of the Listing Rules. The audit committee consists of two independent non-executive directors (namely Mr. Tsoi David and Mr. Shek Lai Him Abraham ) and one non-executive director, Mr. Li Yinzhong, with Mr. Tsoi David as the chairman of the committee. According to Rules 3.10(2) and 3.21 of the Listing Rules, Mr. Tsoi David has appropriate professional qualifications or accounting or related financial management expertise. The main duties of the Audit Committee are to assist the Board of Directors in providing independent opinions on the effectiveness of the Group’s financial reporting procedures, internal control, corporate governance and risk management systems, supervising the audit procedures and performing other duties and responsibilities assigned by the Board.

 

Nomination Committee
Everbright Grand China Assets Limited has set up a nomination committee and specified its terms of reference in accordance with paragraph A.5 of the Corporate Governance Code contained in Appendix 14 of the Listing Rules. The nomination committee consists of two independent non-executive directors (namely Mr. Shek Lai Him Abraham and Mr. Lee Jor Hung) and one executive director, Mr. MA Heming, with Mr. Shek Lai Him Abraham as the chairman of the committee. The main functions of the nomination committee include, but are not limited to, reviewing the structure, number and composition of the board of directors, assessing the independence of independent non-executive directors, and providing recommendations to the board on matters related to the appointment of directors.

 

Remuneration Committee
Everbright Grand China Assets Limited has established a remuneration committee, and stipulated its terms of reference in accordance with Article 3.26 of the Listing Rules and paragraph B.1 of the Corporate Governance Code contained in Appendix 14 of the Listing Rules. The remuneration committee consists of two independent non-executive directors (namely Mr. Lee Jor Hung and Ms. Yu Pauline Wah Ling) and one executive director, Mr. Liu Jia, with Mr. Li as the chairman of the committee. The main functions of the remuneration committee include but are not limited to (i) the remuneration policy and structure of the directors and senior management of the company, and the establishment of formal and transparent procedures for formulating remuneration policies, and making recommendations to the board of directors; (ii) determining the cost Specific remuneration packages for the company’s directors and senior management; and (iii) review and approve performance-based remuneration by referring to the company’s goals determined by the board of directors from time to time.