The Group strives to maintain a high standard of corporate governance practices. It has established an Audit Committee to ensure proper reporting and adequate internal controls, with a majority of the committee members being independent non-executive directors. In addition, Remuneration Committee has been set up to ensure a formal and transparent procedure for setting policy on executive directors' remuneration and for the fixing the remuneration packages of executive directors and senior management. The Group is also committed to achieving a high level of transparency with the timely communication of information to shareholders and investors through different channels, including corporate web site, investor meetings, press conferences and financial reports.