Beijing Energy International Holding Co., Ltd. (686) announced updates to the Terms of Reference of its Risk Control Committee. According to the document, the Committee was first formed by a board resolution on 23 July 2013 and most recently updated on 27 February 2026. The Committee is composed of not fewer than three directors, with its chairman appointed by the Board. Members may be appointed, removed, or replaced by Board resolution, and a quorum for each meeting is two members.

The Committee’s mandates include overseeing the Group’s risk management and internal control systems, assessing the overall risk tolerance, and reviewing major findings on risk control issues. The document details meeting procedures, requiring at least one meeting per year and permitting participation via telephone or electronic communication. The chairman of the Board or Committee may convene a special meeting during emergency risk events without prior notice. The Committee is authorized to inspect annual plans, financial statements, and related management systems, and to make inquiries to management and employees when performing its duties.

The announcement underscores the Committee’s responsibility for identifying, mitigating, and controlling material operational and financial risks, as well as reviewing the effectiveness of the Company’s risk management strategies. The Board expects systematic follow-up by the Committee, with full minutes kept by a company secretary and meeting summaries routinely reported to the Board.