The board of directors (the “Board”) of EcoGreen International Group Ltd (the “Company” or “EcoGreen”) steers the business direction of the Group. The Board is responsible for formulating EcoGreen's long-term strategies, setting business development goals, assessing results of management policies, monitoring the performance of the management team and ensuring effective implementation of risk management measures on a regular basis. The Board holds meeting regularly to review the Company's financial and operational performance and to discuss and formulate future development plans.
The Board is comprised of five executive directors, one non-executive director and three independent non-executive directors. With reference to the biographical details of directors, please refer to the Directors’ Profile - Our Team on the website.
The audit committee of the Company is established pursuant to a resolution passed by the Board on 16 February 2004. Its revised written terms of reference in compliance with the code provisions of the “Corporate Governance Code” set out in appendix 14 to the Listing Rules was adopted by the Board pursuant to a written resolution passed on 30 March 2012. The primary duties of the audit committee are to review and supervise our financial reporting process and internal control system, nominate and monitor external auditors and to provide advice and comments to the Board.
Our audit committee consists of three independent non-executive directors, namely Mr. Yau Fook Chuen, Mr. Lin David Ying Tsung and Mr. Wong Yik Chung, John. Mr. Yau Fook Chuen currently serves as the chairman of our audit committee.
The remuneration committee of the Company is established pursuant to a resolution passed by the Board on 16 February 2004. Its revised written terms of reference in compliance with the code provisions of the “Corporate Governance Code” set out in appendix 14 to the Listing Rules was adopted by the Board pursuant to a written resolution passed on 30 March 2012. The primary duties of the remuneration committee are to make recommendations to the Board on the Company's policy and structure for all remuneration of directors and senior management, and on the establishment of a formal and transparent procedure for developing policy on such remuneration.
The remuneration committee is comprised of three independent non-executive directors, namely Mr. Yau Fook Chuen, Mr. Lin David Ying Tsung and Mr. Wong Yik Chung, John, and two executive directors namely Mr. Han Huan Guang and Ms. Lu Jiahua. Mr. Wong Yik Chung, John currently serves as the chairman of our remuneration committee.
The nomination committee of the Company is established pursuant to a resolution passed by the Board on 30 March 2012 with its written terms of reference in compliance with the code provisions of the “Corporate Governance Code” set out in appendix 14 to the Listing Rules. The primary duty of the nomination committee is to make recommendations to the Board regarding candidates to fill vacancies on the Board and/or in senior management.
The nomination committee comprises the Chairman of the Board, namely Yang Yirong, three independent non-executive directors, namely Yau Fook Chuen, Mr. Lin David Ying Tsung and Mr. Wong Yik Chung, John, and one executive director namely Mr. Han Huan Guang. Mr. Yang Yirong currently serves as the chairman of our nomination committee.
