Summary by Moomoo AI
Huayi Tencent Entertainment (Stock Code: 00419) announced that its board of directors has decided to establish a Remuneration Committee. The committee will be composed of at least two members, with a majority being independent non-executive directors. The Chairman of the Remuneration Committee will be appointed from the independent non-executive directors of the board, while the Committee Secretary will be the company secretary. The committee will be responsible for formulating and reviewing the company's remuneration policies and framework for directors and senior management, and will hold meetings at least once a year. In addition, the Chairman of the Remuneration Committee is required to attend the annual general meeting to answer shareholders' questions. The establishment of the committee aims to enhance transparency and regularity in remuneration decisions and ensure alignment with the company's corporate policies and objectives.
