The members of the audit committee shall be composed of all independent directors and shall hold regular meetings at least once a quarter. The purpose of the audit committee is to assist the board of directors in formulating or revising the Company's internal control system and important handling procedures, matters involving the directors' own interests, major asset transaction capital loans and endorsement guarantees, offering or private placement of securities with an equity nature, and audits of certified accountants. Appointment (dismissal) or remuneration, appointment and dismissal of financial accounting or internal audit supervisors, annual and semi-annual financial reports, etc.

Member of Audit Committee of Lida Holdings