SHENGPAO Announces Board Resolution to Appoint Members of the Fourth Audit Committee
Key facts
- SHENGPAO Announces Board Resolution to Appoint Members of the Fourth Audit Committee
- SHENGPAO's board of directors has resolved to renew the Audit Committee members due to the expiration of the previous term, with new appointments effective June 16, 115.
- Source: PR Times
- Date: June 16, 2026
Direct answer
SHENGPAO's board of directors has resolved to renew the Audit Committee members due to the expiration of the previous term, with new appointments effective June 16, 115.
- Citation
- SHENGPAO Announces Board Resolution to Appoint Members of the Fourth Audit Committee (June 16, 2026), PR Times
- Source
- PR Times
- Date
- June 16, 2026
SHENGPAO's board of directors has resolved to renew the Audit Committee members due to the expiration of the previous term, with new appointments effective June 16, 115.
📋 Article Processing Timeline
- 📰 Published: June 16, 2026 at 09:00
- 🔍 Collected: June 17, 2026 at 17:00 (32h 0m after Published)
- 🤖 AI Analyzed: June 18, 2026 at 17:48 (24h 48m after Collected)
1. Date of Change: 115/06/16
2. Name of Functional Committee: Audit Committee
3. Former Members: Lin Youze, Lou Yongjian, Lai Kaixuan
4. Former Members' Background: Audit Committee of the Company
5. New Members: Lin Youze, Hua Kailong, Lai Kaixuan
6. New Members' Background: Independent Directors of the Company
7. Nature of Change (Please enter 'Resignation', 'Dismissal', 'End of Term', 'Death', or 'New Appointment'): End of Term
8. Reason for Change: Comprehensive board reshuffle leading to re-election of audit committee members
9. Previous Term: 112/06/28 ~ 115/06/27
10. Effective Date of New Appointment: 115/06/16
11. Other Matters to be Disclosed: None
This change results from the regular rotation of audit committee members upon the conclusion of their term. The newly appointed members are all independent directors, reinforcing corporate governance and enhancing oversight of financial reporting and internal controls. The appointment aligns with regulatory requirements for listed companies and underscores the company's commitment to transparency and accountability.
2. Name of Functional Committee: Audit Committee
3. Former Members: Lin Youze, Lou Yongjian, Lai Kaixuan
4. Former Members' Background: Audit Committee of the Company
5. New Members: Lin Youze, Hua Kailong, Lai Kaixuan
6. New Members' Background: Independent Directors of the Company
7. Nature of Change (Please enter 'Resignation', 'Dismissal', 'End of Term', 'Death', or 'New Appointment'): End of Term
8. Reason for Change: Comprehensive board reshuffle leading to re-election of audit committee members
9. Previous Term: 112/06/28 ~ 115/06/27
10. Effective Date of New Appointment: 115/06/16
11. Other Matters to be Disclosed: None
This change results from the regular rotation of audit committee members upon the conclusion of their term. The newly appointed members are all independent directors, reinforcing corporate governance and enhancing oversight of financial reporting and internal controls. The appointment aligns with regulatory requirements for listed companies and underscores the company's commitment to transparency and accountability.
FAQ
What is the role of SHENGPAO's Audit Committee?
It oversees financial reporting accuracy, internal controls, and auditor independence, composed entirely of independent directors.
Who are the newly appointed audit committee members?
Lin Youze, Hua Kailong, and Lai Kaixuan have been appointed as the new members.
How long is the typical term for audit committee members?
The standard term is three years, aligning with the board's election cycle.