On 11 February 2026, Minshang Creative Technology Holdings Limited (Stock Code: 1632) revised its Nomination Committee’s Terms of Reference. According to the updated document, the committee’s core function is to recommend suitable candidates for any board vacancies, with membership composed of at least three directors. The majority must be independent non-executive directors, and at least one must be of a different gender. The chairman of the Nomination Committee must be either the board chairman or an independent non-executive director.

The revisions emphasize review of board structure, size, and composition, covering skills, knowledge, and experience. The committee will also monitor policy on board diversity, assist in evaluating the performance of directors, and assess the independence of independent non-executive directors. It is authorized to seek necessary information and may make use of external agencies when identifying prospective candidates.

Under the updated procedures, conflict-of-interest disclosures are required, and any member facing a personal financial interest or cross-directorship must abstain from voting on relevant resolutions. The Nomination Committee’s meeting frequency remains flexible, convening at least once a year with the ability to call additional meetings as needed. The revised Terms of Reference also outline the committee’s responsibility to maintain clear records and minutes of meetings for report-back to the board. The final updated document is now available on the Stock Exchange’s and the company’s websites.