As a company registered and listed in Hong Kong, CR Power has been committed to improving the overall standard of corporate governance in accordance with international corporate governance standard. The Board and management acknowledge their responsibilities in establishing and enforcing a good corporate governance structure and code of practices in order to improve accountability and transparency, protect shareholders' interests and create shareholder value.
CR Power has applied the principles and complied with all of the provisions as well as most of the recommended best practices of the Code on Corporate Governance Practices (the "Code") set out in Appendix 14 of the Rules Governing the Listing of Securities (the "Listing Rules") promulgated by The Stock Exchange of Hong Kong Limited (the "Stock Exchange").
The following summarizes CR Power's corporate governance practices and explains deviations, if any, from the Code.
A. Directors
B. Remuneration of Directors and Senior Management
C. Accountability and Audit
D. Delegation by the Board
E. Communication with shareholders
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