证券代码：601992 证券简称：金隅集团 编号： 临 2025－027 北京金隅集团股份有限公司 关于上海证券交易所《关于公司 2024 年年度报告的 信息披露监管问询函》的回复公告 本公司及董事会全体成员保证公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实、准确和完整承担个别及连带责任。 北京金隅集团股份有限公司（以下简称"本公司""公司""金隅 集团"）于近期收到上海证券交易所《关于北京金隅集团股份有限公司 2024 年年度报告的信息披露监管问询函》（上证公函【2025】0425 号） （以下简称《监管问询函》），根据相关规定，现将《监管问询函》相 关内容回复如下： 问题一：关于经营业绩 年报显示，公司 2024 年度实现营业收入 1,107.12 亿元，归母净利润 -5.55 亿元，扣非后归母净利润-28.59 亿元，经营活动产生的现金流量净 额-53.16 亿元。公司 2023 年度实现归母净利润 0.25 亿元，扣非后归母净 利润-20.28 亿元，经营活动产生的现金流量净额 71.41 亿元。按业务板块 划分，公司 2024 年度新型绿色建材板块实现主营业务收入 782.6 ...

Financial Performance - The company's operating revenue for Q1 2025 was CNY 16.87 billion, an increase of 31.42% compared to CNY 12.83 billion in the same period last year[4]. - The net profit attributable to shareholders was a loss of CNY 1.23 billion, an improvement of 5.65% from a loss of CNY 1.31 billion in the previous year[4]. - The company reported a total comprehensive loss of ¥2.15 billion in Q1 2025, compared to a loss of ¥2.09 billion in Q1 2024[19]. - Net profit for Q1 2025 reached CNY 334.79 million, a significant recovery from a net loss of CNY 29.85 million in Q1 2024[28]. - The company achieved an operating profit of CNY 435.24 million in Q1 2025, a turnaround from an operating loss of CNY 32.10 million in Q1 2024[28]. - The company reported a 31% increase in operating income, primarily driven by growth in the green building materials and real estate sectors[7]. Cash Flow and Liquidity - The net cash flow from operating activities was a negative CNY 5.43 billion, a decline of 10.39% compared to negative CNY 4.92 billion last year[4]. - Cash flow from operating activities showed a net outflow of ¥5.43 billion in Q1 2025, compared to a net outflow of ¥4.92 billion in Q1 2024[21]. - Cash flow from investing activities resulted in a net outflow of ¥2.09 billion in Q1 2025, compared to a net outflow of ¥1.24 billion in Q1 2024[22]. - Cash flow from financing activities generated a net inflow of ¥6.70 billion in Q1 2025, down from ¥7.60 billion in Q1 2024[22]. - The company's cash and cash equivalents decreased to RMB 17.22 billion from RMB 18.29 billion, a decline of about 5.8%[15]. - The ending cash and cash equivalents balance for Q1 2025 was ¥14.06 billion, down from ¥15.18 billion in Q1 2024[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 266.57 billion, reflecting a slight increase of 0.97% from CNY 263.99 billion at the end of the previous year[4]. - The total liabilities of the company were RMB 178.16 billion, compared to RMB 171.88 billion, representing an increase of approximately 3.8%[16]. - Total liabilities increased to CNY 94.15 billion as of March 31, 2025, up from CNY 89.43 billion at the end of 2024, marking an increase of approximately 5.5%[25]. - The company's current assets totaled RMB 136.17 billion, up from RMB 133.20 billion, indicating a growth of about 2.2%[15]. - The company's accounts receivable rose to RMB 12.19 billion, up from RMB 10.59 billion, marking an increase of approximately 15.2%[15]. - Total assets increased to CNY 160.15 billion as of March 31, 2025, up from CNY 156.87 billion at the end of 2024, representing a growth of approximately 2%[24]. Shareholder Information - The equity attributable to shareholders decreased by 4.36% to CNY 70.50 billion from CNY 73.72 billion at the end of the previous year[4]. - The company reported a total equity of RMB 88.41 billion, down from RMB 92.12 billion, reflecting a decrease of about 4.0%[16]. - The controlling shareholder, Beijing Guoguan, has increased its stake in the company by acquiring 35,308,366 shares for a total amount of RMB 46.08 million as of March 31, 2025[13]. - The total number of ordinary shareholders at the end of the reporting period was 110,647[11]. - The company plans to continue its share buyback program as part of its strategy to enhance shareholder value[12]. Expenses and Costs - Total operating costs increased to ¥19.36 billion in Q1 2025, up 26.0% from ¥15.36 billion in Q1 2024[18]. - Research and development expenses rose to ¥150.45 million in Q1 2025, up 13.5% from ¥133.09 million in Q1 2024[18]. - Research and development expenses increased to CNY 8.45 million in Q1 2025, compared to CNY 5.07 million in Q1 2024, reflecting a rise of approximately 66%[27]. - The company’s financial expenses in Q1 2025 were CNY 69.84 million, significantly reduced from CNY 138.40 million in Q1 2024, indicating a decrease of approximately 49.6%[27]. Tax and Regulatory - The company experienced a 1545% increase in business taxes and surcharges, mainly due to tax refunds related to land appreciation tax from real estate projects[7]. - Non-recurring gains and losses totaled CNY 298.72 million, after accounting for tax impacts and minority interests[8]. Strategic Initiatives - The company has optimized its asset allocation, resulting in a 43% increase in trading financial assets[7]. - The company has ongoing investments in new technologies and market expansion initiatives, although specific figures were not disclosed in the call[12]. - The company is focused on maintaining its financial stability while exploring potential mergers and acquisitions to drive growth[12].

《冀东水泥 2025 年第一季度报告》亦可参阅本公司在上海证券交易 所网站（www.sse.com.cn）披露的本公告附件。 特此公告。 证券代码：601992 证券简称：金隅集团 编号：临 2025－026 北京金隅集团股份有限公司 关于披露冀东水泥 2025 年第一季度报告的提示性公告 本公司董事会及全体董事保证本公告内容不存在虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 北京金隅集团股份有限公司（以下简称"本公司"）控股子公司唐 山冀东水泥股份有限公司（以下简称"冀东水泥"）于 2025 年 4 月 30 日在《中国证券报》和《证券时报》以及巨潮资讯网(www.cninfo.com.cn) 公布《冀东水泥 2025 年第一季度报告》。 北京金隅集团股份有限公司董事会 二〇二五年五月一日 1 ...

Financial Performance - The company reported operating revenue of approximately RMB 16,866.52 million, representing a year-on-year increase of 31.42% compared to RMB 12,833.61 million in the same period last year[6]. - The net loss attributable to shareholders was approximately RMB 1,234.60 million, a decrease in loss of 5.65% from RMB 1,308.58 million in the previous year[6]. - The company experienced a 31% increase in operating income, primarily due to growth in the green building materials and real estate sectors[12]. - Total operating revenue for Q1 2025 reached ¥16.87 billion, a 31.7% increase from ¥12.83 billion in Q1 2024[27]. - Net loss for Q1 2025 was ¥2.13 billion, compared to a net loss of ¥2.08 billion in Q1 2024, reflecting a slight increase in losses[28]. - The company reported a total profit of -¥1.96 billion for Q1 2025, compared to -¥1.99 billion in Q1 2024[28]. Cash Flow - The net cash flow from operating activities was negative at RMB 5,430.79 million, worsening by 10.39% compared to RMB 4,919.45 million in the same period last year[6]. - In Q1 2025, cash inflow from operating activities was CNY 20.20 billion, an increase of 15.4% compared to CNY 17.54 billion in Q1 2024[35]. - The net cash flow from operating activities in Q1 2025 was -CNY 5.43 billion, worsening from -CNY 4.92 billion in Q1 2024[35]. - Cash inflow from investment activities in Q1 2025 totaled CNY 1.05 billion, up from CNY 461.97 million in Q1 2024[36]. - The net cash flow from investment activities was -CNY 2.09 billion in Q1 2025, compared to -CNY 1.24 billion in Q1 2024[36]. - Cash inflow from financing activities in Q1 2025 was CNY 22.35 billion, down from CNY 26.25 billion in Q1 2024[36]. - The net cash flow from financing activities was CNY 6.70 billion in Q1 2025, compared to CNY 7.60 billion in Q1 2024[36]. - The total cash and cash equivalents at the end of Q1 2025 were CNY 14.06 billion, a decrease from CNY 15.18 billion at the end of Q1 2024[36]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 266,567.77 million, an increase of 0.97% from RMB 263,995.72 million at the end of the previous year[6]. - The equity attributable to shareholders decreased by 4.36% to RMB 70,502.15 million from RMB 73,717.50 million at the end of the previous year[6]. - Current liabilities decreased to CNY 92.84 billion from CNY 96.78 billion, a reduction of about 4.0%[20]. - Non-current liabilities rose to CNY 85.32 billion from CNY 75.10 billion, an increase of approximately 13.5%[20]. - The company reported a total liability of CNY 178.16 billion, up from CNY 171.88 billion, reflecting an increase of about 3.8%[20]. - The total equity of the company decreased to CNY 88.41 billion from CNY 92.12 billion, a decline of approximately 4.0%[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 110,647[13]. - The largest shareholder, Beijing State-owned Capital Operation Management Co., Ltd., holds 4,832,665,938 shares, accounting for 45.26% of the total shares[13]. - The company has reported no changes in the participation of major shareholders in financing and securities lending activities[14]. Operational Costs and Income - Operating costs increased by 29%, attributed to the rise in revenue[12]. - The company reported a significant increase of 1,545% in business taxes and additional charges, mainly due to tax refunds related to land appreciation tax from real estate projects[12]. - Other income rose by 56%, largely due to an increase in government subsidies recognized during the reporting period[12]. - The company’s cash outflow for purchasing goods and services in Q1 2025 was CNY 21.85 billion, compared to CNY 14.32 billion in Q1 2024, indicating increased operational costs[35]. Investment Activities - The company’s investment activities generated a net cash flow decrease of 68%, reflecting increased investment expenditures during the reporting period[12]. - The company plans to increase its shareholding through centralized bidding, with an initial purchase of 6,682,600 shares for RMB 8,525,554 on August 23, 2024[15]. - As of March 31, 2025, the total non-current assets amount to RMB 139,123,123,000.00, showing a slight increase from the previous period[19]. - The company has a plan to continue increasing its shareholding over the next 12 months, with a total of 35,308,366 shares purchased so far[15].

证券代码：601992 证券简称：金隅集团 编号：临 2025－025 北京金隅集团股份有限公司 第七届监事会第四次会议决议公告 本公司监事会及全体监事保证本公告内容不存在虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 北京金隅集团股份有限公司（以下简称"公司"或"金隅集团"） 于 2025 年 4 月 29 日以通讯表决的方式召开了公司第七届监事会第四次 会议，应出席本次会议的监事 6 名，实际出席会议的监事 6 名；公司董 事会秘书列席了本次会议。会议的召开符合《公司法》和公司《章程》 等规定。会议审议通过了以下议案： 一、关于公司 2025 年第一季度报告的议案 监事会根据《证券法》、公司股票上市地上市规则及公司《章程》 的规定，对公司 2025 年第一季度报告提出如下书面审核意见，与会监事 一致认为： （一）公司 2025 年第一季度报告的编制和审议程序符合法律法规、 公司《章程》和公司内部管理制度等规定； （二）公司 2025 年第一季度报告的内容及格式符合中国证券监督管 理委员会、上海证券交易所以及香港联合交易所有限公司的规定，所包 含的信息真实地反映了 ...

Financial Performance - The company reported a basic earnings per share of -0.1200 yuan for Q1 2025, unchanged from Q1 2024, but a decrease from -0.0300 yuan in Q1 2023 [1] - The net profit for Q1 2025 was -12.35 billion yuan, showing an improvement of 5.65% compared to -13.09 billion yuan in Q1 2024, but a decline from -3.32 billion yuan in Q1 2023 [1] - The operating revenue for Q1 2025 was 168.67 billion yuan, representing a 31.42% increase from 128.34 billion yuan in Q1 2024, but a decrease from 234.8 billion yuan in Q1 2023 [1] - The return on equity for Q1 2025 was -1.70%, an improvement from -1.82% in Q1 2024, but a decline from -0.52% in Q1 2023 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 797198.15 million shares, accounting for 74.68% of the circulating shares, with a decrease of 3893.16 million shares from the previous period [1] - Beijing State-owned Capital Operation Management Co., Ltd. remains the largest shareholder with 483266.59 million shares, representing 45.28% of the total share capital, unchanged from the previous period [2] - HKSCC NOMINEES LIMITED holds 233876.49 million shares, accounting for 21.91%, also unchanged [2] - The Hong Kong Central Clearing Limited saw a decrease of 1090.86 million shares, now holding 8167.55 million shares, which is 0.77% of the total [2] - New entrant in the top ten shareholders is Harvest Fund - Agricultural Bank - Harvest CSI Financial Asset Management Plan, holding 2036.86 million shares, representing 0.19% [2] Dividend Policy - The company has decided not to distribute dividends or transfer shares in this reporting period [2]

金隅集团（601992）公告，2025年第一季度营收为168.67亿元，同比增长31.42%；净亏损12.35亿元， 去年同期净亏损13.09亿元。 ...

大公国际资信评估有限公司通过对北京金隅集团股份有限公司及"18金隅02"的信用状况进行跟踪评级， 确定北京金隅集团股份有限公司的主体信用等级维持AAA，评级展望维持稳定，"18金隅02"的信用等 级维持AAA。 4月29日，大公国际公布评级报告，北京金隅集团股份有限公司主体获"AAA"评级，相关债项 获"AAA"评级，评级展望稳定。 大公国际认为，北京金隅集团股份有限公司（以下简称"金隅集团"或"公司"）主要从事建材与房地产业 务。跟踪期内，多元化业务发展有助于提高公司整体抗风险能力，公司水泥产品在华北地区品牌知名度 和市场占有率较高，新型建材产品仍保持一定的品牌和规模优势，融资渠道较为多元，公司是控股股东 北京国有资本运营管理有限公司（以下简称"北京国管"）旗下建材板块最大的经营主体，可获得相关支 持；但2024年公司净利润亏损规模同比扩大，应收类款项部分账龄较长且存在一定资金占用，同时存货 存在一定跌价损失风险，2024年，公司期末总有息债务仍维持较大规模，经营性现金流同比转为净流 出，公司仍存在一定短期偿债压力。 资料显示，金隅集团成立于2005年12月22日，公司进行了多次增资扩股、股权调整，2009 ...

Financial Performance - The company's operating revenue for 2024 was RMB 110,711,819, an increase of RMB 2,756,139 or 2.6% compared to 2023[6]. - The total profit for 2024 reached RMB 456,099, marking a significant increase of RMB 155,712 or 51.8% from the previous year[6]. - The net loss attributable to shareholders of the parent company was RMB (555,162), a decline of RMB 580,425 or (2,297.5%) compared to a profit of RMB 25,263 in 2023[6]. - The basic earnings per share attributable to shareholders of the parent company was RMB (0.050), a decrease of RMB 0.052 or (2,600.0%) from RMB 0.002 in 2023[6]. - The main business gross profit decreased by 5.5% to RMB 10,884.7 million, with a gross margin of 9.9%, down 0.9 percentage points from the previous year[64]. - The net loss attributable to shareholders was approximately RMB 555.2 million, a significant increase of 2,297.5% compared to a profit of RMB 25.3 million in the previous year[64]. - The company reported a revenue of approximately RMB 110,711.8 million for 2024, representing a year-on-year increase of 2.6%[64]. Cash Flow and Assets - The company reported a cash balance of RMB 18,292,078, an increase of RMB 959,961 or 5.5% from RMB 17,332,117 in 2023[6]. - The net current assets increased by 55.2% to RMB 36,416.5 million, indicating improved liquidity[64]. - The company's total assets decreased to RMB 263,995,721, down by RMB 5,683,418 or (2.1%) from RMB 269,679,139 in 2023[6]. - The debt-to-asset ratio was 65.1%, slightly up by 0.1 percentage points from 65.0% in 2023[6]. - The cash and cash equivalents increased by 5.5% to RMB 18,292.1 million, while current liabilities decreased by 17.7% to RMB 96,778.9 million[64]. Real Estate Development - The company has developed approximately 170 real estate projects, with a total construction area exceeding 30 million square meters[17]. - The real estate development segment increased land reserves by approximately 273,000 square meters (equity area) through the acquisition of four quality plots[50]. - The company completed the delivery of 9,890 residential units during the year, with a non-residential area de-stocking of 120,000 square meters[69]. - The total area of land reserves held by the company is 5,614,300 square meters as of the reporting period[79]. - The company recorded a total contracted sales amount of approximately RMB 13,470.0 million, a year-on-year decrease of about 42.0%[79]. Investment and Acquisitions - The company successfully acquired an 11.816% stake in Tianjin Building Materials Group Co., Ltd. through a public bidding process[117]. - The group entered into a share transfer agreement to acquire 100% equity of a target company for a total consideration of RMB 63,502.86 million, funded by internal resources[117]. - The acquisition is expected to enhance the company's market influence in Heilongjiang province, creating a synergistic effect in the region[118]. - The company agreed to acquire a 40% stake in a subsidiary for approximately RMB 200.1 million, which constitutes a related party transaction[121]. Environmental and Social Governance - The company was recognized as one of the top 50 ESG listed companies in the Beijing-Tianjin-Hebei region and received accolades for its environmental, social, and governance practices[51]. - The company issued a green low-carbon transformation plan and established a carbon emission rights management approach, with 11 enterprises rated as A-level for heavy pollution weather performance[51]. - The company has established a carbon emission management system and completed the first phase of its carbon management platform[94]. - The company has implemented environmental protection policies in compliance with national laws and regulations, ensuring no major environmental pollution incidents occurred during the reporting period[171]. Market Strategy and Future Plans - The company aims to enhance its market position by focusing on differentiated marketing strategies and expanding into new sectors such as aggregates and renewable energy[53]. - The company plans to actively participate in urban renewal and affordable housing projects, leveraging policy opportunities to drive business growth[53]. - The company is committed to a dual-core business strategy in green building materials and real estate, aiming for high-quality development through both internal and external resource integration[92]. - For 2025, the company has set a theme of "high-quality development breakthrough year" and aims to deepen state-owned enterprise reforms and strengthen innovation leadership[104]. Corporate Governance and Management - The company appointed Mr. Hong Yongmiao as an independent non-executive director since May 12, 2021, who holds a PhD in Economics from the University of California, San Diego[28]. - The independent directors receive an annual remuneration of RMB 150,000 (pre-tax)[187]. - The company has established a harmonious labor relationship and focuses on protecting employees' legal rights, contributing to long-term development[173]. - The internal control system has been enhanced, with 118 regulations updated and a new internal control management manual for 2024 developed[136]. Employee and Training - As of December 31, 2024, the group employed a total of 43,825 employees, a decrease from 44,885 employees as of December 31, 2023[143]. - Total employee compensation for the reporting period was approximately RMB 7,453.2 million, representing an increase of about 5.3% compared to RMB 7,075.3 million for the year ended December 31, 2023[143]. - The group conducted 3,414 training sessions in 2024, with a total participation of 170,000 individuals, achieving a training coverage rate of 100%[145]. Financial Management - The company has a robust financial policy with strict cash and risk management, primarily holding cash and bank balances in RMB[153]. - The total interest expense allocated to capital during the reporting period amounted to approximately RMB 1,113,624,012.42[161]. - The company issued various bonds during the reporting period, including RMB 15 billion in medium-term notes with a coupon rate of 2.87% and RMB 20 billion with a coupon rate of 2.84%[162][163].

Financial Performance - The operating revenue for the year ended December 31, 2024, was RMB 110,711.8 million, an increase of approximately 2.6% compared to 2023[3]. - The net loss was approximately RMB 1,534.2 million, an increase of about RMB 246.8 million or approximately 19.2% compared to the net loss in 2023[3]. - The net loss attributable to shareholders of the parent company was approximately RMB 555.2 million, compared to a net profit of approximately RMB 25.3 million in 2023[3]. - The basic loss per share (excluding other equity instrument interest) was approximately RMB 0.15, an increase of about RMB 0.07 or approximately 87.5% compared to the basic loss per share of RMB 0.08 in 2023[3]. - The company reported a total comprehensive loss of RMB 1.51 billion for 2024, compared to a loss of RMB 1.39 billion in 2023[14]. - The company reported a total profit of RMB 300,386,736.67, compared to a loss in the previous year, indicating a significant turnaround[24]. - The company reported a significant increase in finished goods impairment provision to RMB 262,294,211.76 for the year ending December 31, 2024[50]. - The company reported a total loss of RMB 456.10 million for the year, with significant asset impairment losses of RMB 1.23 billion[23]. Revenue and Segments - The total revenue for the new green building materials segment was RMB 77.54 billion, while the real estate development and operation segment generated RMB 33.17 billion, totaling RMB 110.71 billion[23]. - The main business revenue reached RMB 109,754,863,645.13, up from RMB 107,068,654,154.25, reflecting a growth of 2.5%[29]. - The new green building materials segment achieved revenue of approximately RMB 78,264.8 million, a year-on-year decrease of about 2.1%, while gross profit increased by approximately 12.7% to RMB 7,205.3 million[87]. - The real estate development and operation segment reported revenue of approximately RMB 32,736.6 million, a year-on-year increase of about 15.2%, but gross profit decreased by approximately 21.8% to RMB 4,147.8 million[90]. Assets and Liabilities - Total assets decreased to RMB 263.99 billion in 2024 from RMB 269.68 billion in 2023, indicating a contraction in the asset base[15]. - Total liabilities decreased from RMB 175.31 billion in 2023 to RMB 171.88 billion in 2024, a reduction of approximately 2.44%[16]. - The total assets of the group were approximately RMB 263,995.7 million, a decrease of about 2.1% compared to the beginning of the reporting period[121]. - The group's total liabilities amounted to approximately RMB 171,878.4 million, with a debt-to-asset ratio of approximately 65.1%, an increase of about 0.1 percentage points from the beginning of the reporting period[121]. Cash Flow and Liquidity - Cash and cash equivalents rose to RMB 18.29 billion in 2024, compared to RMB 17.33 billion in 2023, showing improved liquidity[15]. - The company's cash and cash equivalents increased by 5.5% to RMB 18,292.1 million, while current assets decreased by 5.6% to RMB 133,195.5 million[83]. - The net current asset of the company was RMB 36,416.5 million, an increase from RMB 23,469.6 million in 2023[28]. Expenses and Costs - Research and development expenses increased to RMB 665.89 million in 2024, up from RMB 530.17 million in 2023, reflecting a focus on innovation[13]. - The cost of main business operations was RMB 98,870,166,420.33, compared to RMB 95,550,472,031.04, indicating an increase of 3.4%[30]. - Financial expenses increased to RMB 2.80 billion in 2024 from RMB 2.28 billion in 2023, primarily due to higher interest expenses[13]. - Management expenses increased by approximately RMB 82.8 million or 1.3% year-on-year, totaling RMB 6,648.4 million[97]. Dividends and Shareholder Returns - The board proposed a final dividend of RMB 0.05 per share (pre-tax) for the reporting period, compared to RMB 0.025 per share (pre-tax) for the year ended December 31, 2023[6]. - The proposed final dividend is RMB 0.05 per share (pre-tax), compared to RMB 0.025 per share (pre-tax) for the year ended December 31, 2023, reflecting a 100% increase[44]. Investments and Acquisitions - The group agreed to acquire 100% equity of a target company for a total consideration of RMB 63,502.86 million, funded by internal resources[127]. - The group successfully acquired 11.816% equity in Tianjin Construction Materials Group Co., Ltd. through a public bidding process[125]. - The company plans to utilize the acquired subsidiary as an investment platform for overseas expansion, particularly in Africa and countries along the Belt and Road Initiative[130]. Market and Economic Outlook - The company anticipates a challenging market environment in 2024, with significant declines in cement prices and sales volumes, leading to increased losses[119]. - The company faces external risks including increased trade risks due to geopolitical tensions and a decline in domestic demand for construction materials[115]. - The company aims to enhance its core competitiveness through vertical integration and horizontal consolidation of similar businesses[102]. Corporate Governance and Management - The board consists of four executive directors, two non-executive directors, and three independent non-executive directors, ensuring a strong independent element[173]. - The audit committee, comprising two non-executive directors and three independent non-executive directors, reviewed the consolidated financial statements for the reporting period[175]. - The company has established a remuneration and nomination committee to review overall remuneration policies and ensure board diversity[176].