The Board believes that high corporate governance standards are essential in providing a framework for our company to safeguard the interests of shareholders and to enhance corporate value and accountability.

 

Save for adopting The Corporate Governance Code (the “CG Code”), issued by The Stock Exchange of Hong Kong Limited (the “Stock Exchange”), we have also devised its own code of corporate governance based on the principles and practices as set out in the CG Code.

 

We have also established written guidelines no less exacting than the Model Code for Securities Transactions by Directors of Listed Issuers (the “Model Code”) as set out in Appendix C3 to the Rules Governing the Listing of Securities on the Stock Exchange (the “Listing Rules”). (the “Employees Written Guidelines”) for securities transactions by employees who are likely to be in possession of unpublished price-sensitive information of the Company.