Summary by Moomoo AI
pc partner (PC PARTNER) recently announced the scope of authority of its audit committee, which is composed of non-executive directors, the majority of whom are independent individuals. The main purpose is to assist the board of directors in fulfilling their statutory responsibilities regarding financial and accounting matters, and to ensure the quality of internal audit functions and external auditors' audit quality. The audit committee will be responsible for reviewing the integrity of financial reports, the independence and cost-effectiveness of external audit work, and reviewing the risk management framework. In addition, the committee will oversee the use of funds raised from secondary fundraising after the company's listing to ensure that sanctioned parties do not benefit. The election and term of office of committee members are also explained in the announcement, and it is stipulated that the audit committee must hold at least two meetings annually. The scope of authority document was adopted by the audit committee on November 12, 2024, and approved by the board of directors.
