Beijing Digital Telecom (Stock Code: 6188) published updated guidelines regarding the composition and functions of its Audit Committee. The Committee is formed exclusively by non-executive directors, with the majority as independent non-executive directors. At least one member must possess professional qualifications or relevant expertise in accounting and financial management. A former partner of the existing auditing firm cannot serve on the Committee for two years following the end of their partnership or financial interest in that firm.

The Audit Committee meets at least quarterly and requires the presence of more than two-thirds of its members, including at least one independent non-executive director, to conduct valid proceedings. A range of powers includes examining the company’s financial affairs, supervising directors and senior management, reviewing significant financial reports, and appointing or dismissing external auditors. Specific attention is placed on ensuring the independence of the external auditor, monitoring risk management and internal control systems, and coordinating with the internal audit department.

The revised guidelines confirm the Committee’s authority to request and inspect data on the company’s operations as necessary. Furthermore, the Committee may engage external professional firms to investigate any issues requiring an independent review, with related costs borne by the company. According to the announcement, the complete terms of reference are published online, reflecting the company’s commitment to transparent corporate governance.