Xiaocaiyuan Sets Out Board Composition and Governance Committee Roles
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Xiaocaiyuan International Holding Ltd. has announced its board composition, led by chairman Wang Shugao, with five executive and four independent non-executive directors. The governance structure aims to enhance board independence and support strategic decision-making. The company has also detailed its audit, nomination, and remuneration committees, emphasizing compliance and risk control to boost investor confidence in Hong Kong's capital market. Xiaocaiyuan operates in the restaurant sector, focusing on Chinese cuisine and mass-market dining in mainland China, with a current market cap of HK$9.39B.
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