Risk management provides strong support and basic guarantee for the high-quality and sustainable development of the Group. The Group has implemented all-round risk management and has established a systematic and comprehensive risk management mechanism and internal control system. With a commitment to compliant operations, the Group has established a comprehensive supervision system, adheres to the bottom line of business ethics, continuously optimizes risk management and internal control audit mechanisms, and fosters a clean and law-abiding corporate atmosphere. This ensures the Company’s stable operation and continuous improvement in quality and efficiency. Furthermore, the Group has established a comprehensive risk management structure covering the governing body, the management and internal audit, which promotes risk management responsibilities to all employees and the entire business system, thereby effectively enhancing the corporate risk prevention and control capabilities and safeguarding the corporate governance in compliance with the laws in all aspects.

The Group also has a Risk Management Committee and a Strategic and Sustainable Development Committee, which are accountable to the Board and assist the Board in providing leadership, direction and oversight with regard to the overall risk management and sustainable development strategy, risk appetite and tolerance and risk management framework of the Group, including risk policies, processes and controls. The Group also has an internal audit department in place for the execution and implementation of risk management measures.