PANews reported on December 16 that Hong Kong-listed company Jingji Financial International (01468) announced the establishment of an Investment Committee, effective from December 15, 2024. The establishment of the Investment Committee aims to improve operational efficiency and enhance investment decision-making and risk management processes, especially considering the Group's strategic focus on cryptocurrencies and related technologies.
The Investment Committee will be responsible for reviewing appropriate transactions, investment strategies, and the management of virtual assets (crypto assets), and will provide recommendations to the Board of Directors. Additionally, the Investment Committee will evaluate, approve, and make recommendations on various investment opportunities proposed by the Group's management team. Furthermore, the Board may regularly appoint professional investment and/or financial advisors with relevant expertise to assist the Investment Committee in effectively fulfilling its responsibilities.