The cornerstone of modern enterprise system rests with corporate governance mechanism. The Bank is always committed to the improvement of corporate governance in a bid to boosting shareholders’ value and investors’ confidence. The Bank continues to improve its corporate governance with clear accountability, sound operation and proper checks and balances.
In compliance with the PRC Company Law, PRC Commercial Banking Law and relevant requirement promulgated by regulatory authorities, and based on its actual experience, the Bank formulates and updates its internal documents concerning corporate governance, optimizes its corporate governance framework as a modern joint-stock company, which is composed of the shareholders’ meeting, the Board of Directors and the Board of Supervisors, and thus improve its corporate governance on a continuous basis.
The corporate governance framework of the Bank is as follows:
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