Mininglamp Technology (the 「Company」), listed under stock code 2718, released the latest terms of reference for its Corporate Governance Committee (the 「Committee」). The Committee operates as a sub-committee of the Board of Directors and focuses on developing, reviewing, and monitoring the Company’s corporate governance practices. Its scope also includes evaluating compliance with Chapter 8A of the Listing Rules in relation to the Company’s weighted voting rights structure.

According to the announcement, the Committee is composed exclusively of independent non-executive Directors, with at least two members required. Meetings will be held at least twice a year, and decisions are determined by a simple majority vote. The Terms of Reference outline the Committee’s responsibility for reviewing and monitoring corporate governance policies and legal or regulatory compliance. The Committee also supervises training initiatives for Directors and senior management, manages any conflicts of interest, and ensures that the Company’s operations benefit all shareholders.

The announcement confirms that the Committee will review and monitor risks related to the weighted voting rights structure, including any connected transactions involving beneficiaries of weighted voting rights. It will also recommend the selection or removal of the Company’s compliance adviser. The final document states that these terms will become effective on November 3, 2025.