Summary by Moomoo AI
Huayi Tencent Entertainment (the "Company") announced that its board of directors has resolved to establish an audit committee to strengthen corporate governance and financial transparency. The committee will consist of at least three non-executive directors, including at least one independent non-executive director with appropriate accounting or financial management expertise. The main responsibilities of the audit committee include overseeing the integrity of the company's financial reporting, reviewing the company's risk management and internal control systems, and managing the relationship with external auditors. The committee will meet at least twice a year, and report to the board of directors after each meeting. In addition, the chairman of the audit committee will attend the company's annual general meeting to answer shareholders' questions. The company emphasizes that this is aimed at enhancing oversight of internal controls and financial reporting, and ensuring compliance with relevant laws and regulations.
