ASIA AURORA INVESTMENT CO., LIMITED
Supervisory board
The supervisory committee and the audit committee under the Supervisory board are responsible for supervising the business behavior and professional ethics of directors and senior managers in accordance with the relevant provisions of the "Hong Kong Company Law", promoting the company's business compliance and stable operation; responsible for the company's internal audit and supervision of the company's financial affairs situation, and promote the company to continuously improve the quality of financial information and financial management level.
Under the Supervisory board, there are supervisory committee and audit committee.
The Supervisory Committee exercises the following powers:
- Supervise the business behavior of directors and senior managers;
- When the behavior of directors and senior managers damages the interests of the company, require directors and senior managers to correct them;
- Supervise the company's business decision-making, risk management and internal control as needed;
- Guiding and supervising the work of the board of supervisors of holding financial institutions;
- Other powers granted by the board of supervisors
The Audit Committee exercises the following powers:
- Supervise and inspect the financial activities of the company;
- Review the financial information such as the company's financial report, business report and profit distribution plan;
- Conduct exit audits of directors and senior management as required;
- Review the inspection report on the company's operation and management and financial status that the board of supervisors intends to submit to the State Council;
- Provide review opinions on the work plans and programs proposed by the company's internal audit department, and guide the company's internal audit department to carry out their work;
- Other powers granted by the board of supervisors.