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Qingdao Port International Enhances Governance with New Audit Committee

Story Highlights
  • Qingdao Port International has set up an Audit Committee to improve risk management and audit systems.
  • The committee will oversee financial reporting and internal audits to protect shareholder interests.
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Qingdao Port International Enhances Governance with New Audit Committee

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Qingdao Port International Co Ltd Class H ( (HK:6198) ) has provided an announcement.

Qingdao Port International Co., Ltd. has established an Audit Committee under its board of directors to enhance risk management, internal control, and audit systems. The committee’s primary responsibilities include overseeing the company’s financial reporting, risk management, internal audits, and the appointment of external auditors, ensuring the accuracy and integrity of financial information. This move aims to strengthen the board’s supervision and safeguard shareholder interests, aligning with various regulatory requirements.

The most recent analyst rating on (HK:6198) stock is a Hold with a HK$7.40 price target. To see the full list of analyst forecasts on Qingdao Port International Co Ltd Class H stock, see the HK:6198 Stock Forecast page.

More about Qingdao Port International Co Ltd Class H

Average Trading Volume: 2,974,159

Technical Sentiment Signal: Buy

Current Market Cap: HK$58.16B

For detailed information about 6198 stock, go to TipRanks’ Stock Analysis page.

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