Investor Relations

Corporate Governance

We hold ourselves to the highest standards.

WH Group is committed to the highest standards of corporate governance and strictly adheres to the relevant laws and regulations in all the places where the Group operates. As a listed company, protecting shareholders' interests is one of our main priorities. To ensure our senior management and their decision-making processes are accountable and in compliance with internal control systems, as well as with regulatory requirements and maintaining shareholders' interests, we have established several committees populated by our Board of Directors. These include an Audit Committee, a Remuneration Committee, a Nomination Committee, an Environmental, Social and Governance Committee, a Food Safety Committee, and a Risk Management Committee.

Audit Committee

The Audit Committee consists of three Independent Non-Executive Directors, namely, Mr. LEE Conway Kong Wai, Mr. HUANG Ming and Mr. LAU, Jin Tin Don. The Chairman of the Audit Committee is Mr. LEE Conway Kong Wai. The primary duties of the Audit Committee are to assist our Board by providing an independent view of the effectiveness of the financial reporting process and the Group’s internal control and risk management systems, overseeing the audit process, and performing other duties and responsibilities as assigned by our Board.

Remuneration Committee

The Remuneration Committee consists of two Independent Non-Executive Directors, namely, Mr. HUANG Ming and Mr. LEE Conway Kong Wai, and one Non-Executive Director, namely, Mr. JIAO Shuge. The Chairman of the Remuneration Committee is Mr. HUANG Ming. The primary duties of the Remuneration Committee include, but are not limited to, the following:

  • making recommendations to our Board on our policy and structure for the remuneration of all our Directors and senior management, and on the establishment of a formal and transparent procedure for developing the Group’s policy on such remuneration;
  • determining the specific remuneration packages of all our Directors and senior management; and
  • reviewing and approving performance-based remuneration by reference to the corporate goals and objectives resolved by the Board from time to time.

Nomination Committee

The Nomination Committee consists of two independent Non-Executive Directors, namely, Mr. HUANG Ming and Mr. LAU, Jin Tin Don, and our Chairman and Chief Executive Officer, Mr. WAN Long. The Chairman of the Nomination Committee is Mr. WAN Long. The primary functions of the Nomination Committee include, without limitation, reviewing the structure, size and composition of the Board, assessing the independence of the Independent Non-Executive Directors, and making recommendations to our Board on matters relating to the appointment of Directors.

Environmental, Social and Governance Committee

The Environmental, Social and Governance Committee consists of one Independent Non-Executive Director, namely, Mr. LAU, Jin Tin Don and three Executive Directors, namely, Mr. GUO Lijun, Mr. WAN Hongjian and Mr. SULLIVAN Kenneth Marc. The Chairman of the Environmental, Social and Governance Committee is Mr. GUO Lijun. The primary duties of the Environmental, Social and Governance Committee include, but are not limited to, the following:

  • identifying the environmental, social and governance matters that are relevant and material to the operations of the Group and/or that affect shareholders and other key stakeholders (the "Key ESG Matters"), which include workplace quality, environmental protection, operating practices, community involvement and animal welfare;
  • reviewing and making recommendations to the Board on the effectiveness of the Key ESG Matters;
  • monitoring the standards set and performance achieved on the Key ESG Matters by the Group; and
  • identifying and engaging stakeholders to understand and respond to their views by appropriate means.

Food Safety Committee

The Food Safety Committee consists of one Independent Non-Executive Director, namely, Mr. LEE Conway Kong Wai, our Chairman and Chief Executive Officer, Mr. WAN Long, and two Executive Directors, namely, Mr. WAN Hongjian and Mr. SULLIVAN Kenneth Marc. The Chairman of the Food Safety Committee is Mr. WAN Long. The primary duties of the Food Safety Committee include, but are not limited to, the following:

  • making recommendations to the Board on our policies, practices and performance in relation to food quality and safety, so as to fully comply with any relevant laws and regulations; and
  • assessing, reviewing, monitoring and making recommendations to the Board on the Group’s internal control standards for food safety, as well as our product-traceability capabilities.

The Risk Management Committee

The Risk Management Committee consists of one Independent Non-Executive Director, namely, Mr. LEE Conway Kong Wai, our Chairman and Chief Executive Officer, Mr. WAN Long, and three Executive Directors, namely, Mr. GUO Lijun, Mr. SULLIVAN Kenneth Marc and Mr. MA Xiangjie. The Chairman of the Risk Management Committee is Mr. WAN Long. The primary duties of the Risk Management Committee include, but are not limited to, the following:

  • establishing and overseeing the risk management system, whereby the Committee considers and formulates the risk management framework and provides guidelines to the Group’s management on risk management by setting up procedures to identify, assess and manage material risks faced by the Group, including but not limited to strategic, financial, operational, legal and regulatory risks;
  • regularly reviewing and assessing the adequacy and effectiveness of the Group's risk management framework, internal control systems relating to risk management, and risk management policies and procedures, in order to identify, assess and manage risks, as well as to oversee and ensure their effective operation, implementation and maintenance;
  • considering major investigation findings on risk management and internal control matters, as delegated by the Board or through the Committee’s own initiative, and management's response to these findings; and
  • reporting any significant risk management issues to the Board, and making recommendations and providing solutions for the improvement of the Company's compliance and risk management.

Corporate Governance Documents