Our Board of Directors consists of eight Directors,with one chairman, one vice chairman and six directors, three of whom are independent non-executive Directors. There are five committees under our Board of Directors-Audit Committee, Compensation Committee, Strategy Committee and Safety, Health and Environmental Committee, Nomination Committee.
The Company has formulated a system relating to the decision-making of the Board in accordance with relevant regulatory requirements and the Articles of Association. The Company has established five Board Committees, including the Strategy Committee, the Audit Committee, the Remuneration Committee, the Nomination Committee and the Safety, Health and Environment Committee.
China Shenhua Energy Company Limited is a joint stock limited company in line with Chinese modern corporate system and related international standards. We have, for the management, a long-term incentive scheme that includes stock appreciation rights and performance unit, and meanwhile a highly transparent & efficient corporate governance structure and a long-lasting & effective incentive mechanism under supervision. With the goal in mind that China Shenhua is to prosper for centuries, our top management will, as ever, make continuous efforts to follow the criteria of the international equity market and to assure the benefits of all shareholders, the small-to-medium shareholders in particular.