Ethical discipline and standards are integral to our corporate culture, laying a solid foundation for achieving outstanding corporate governance. At Cowealth China, we prioritize shareholder rights and fully believe that a strong and effective Board of Directors can enhance corporate governance and protect the interests of shareholders. In consonance with this principle, our Board of Directors has established the Audit Committee and Remuneration Committee, both assisting the Board of Directors in fulfilling its supervisory duties. The rules of procedure for these committees have all been approved by the Board of Directors, and the chairperson of each committee regularly reports their resolutions to the Board of Directors.

The head of corporate governance is the top executive of the company’s corporate governance-related affairs. Duties include handling matters related to the board of directors, audit committee, remuneration committee and shareholders’ meeting in accordance with the law; assisting directors in their appointments and continuing education; providing directors with necessary information for business execution; director compliance with laws and regulations, etc.

Please refer to the "Corporate Governance" section in the Company’s annual report for the business execution status of the chief corporate governance officer.