Company: HNIT
Filing Date: 2025-01-23
Form Type: 10-K
Source: 0001493152-25-003324
Chunk: 236

Company: Huineng Technology Corp
Filing Date: 2025-01-23
Form: 10-K
Item: Item 9B
Chunk 236
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 to clients’ specific needs, involving investment planning, insurance, retirement, estate, and taxation. In his role as
a financial planner for Phillip Wealth Planners Sdn. Bhd., Mr. Tee implemented online marketing strategies to promote financial services
which include website development and website traffic analysis. His experience in digital solutions inspired him to venture into the
dynamic world of website development. During the COVID-19 pandemic, Mr. Tee immersed himself in digital solutions services by focusing
on creating visually appealing and functional websites to meet the growing demand for digital services.

In
August 2023, Mr. Tee founded Aceztech Corporation, and serves as our Chief Executive Officer, President, Secretary, Treasurer, and Director.

Corporate
Governance

The
Company promotes accountability for adherence to honest and ethical conduct; endeavors to provide full, fair, accurate, timely and understandable
disclosure in reports and documents that the Company files with the SEC and in other public communications made by the Company; and strives
to be compliant with applicable governmental laws, rules and regulations. The Company has not formally adopted a written code of business
conduct and ethics that governs the Company’s employees, officers and or directors as the Company is not required to do so.

In
lieu of an Audit Committee, the Company’s directors are responsible for reviewing and making recommendations concerning the selection
of outside auditors, reviewing the scope, results and effectiveness of the annual audit of the Company’s financial statements and
other services provided by the Company’s independent public accountants.

At
this time the Board of Directors, is comprised of only one individual, Mr. Kae Ren Tee, who reviews the Company’s internal accounting
controls, practices and policies.

Committees
of the Board

Our
Company currently does not have nominating, compensation, or audit committees or committees performing similar functions nor does our
Company have a written nominating, compensation or audit committee charter. Our sole director, Mr. Tee, believes that it is not necessary
to have such committees, at this time, because he believes he can adequately perform the functions of such committees.

15

Audit
Committee Financial Expert

Our
Board of Directors has determined that we do not have a board member that qualifies as an “audit committee financial expert”
as defined in Item 407(D)(5) of Regulation S-K, nor do we have a Board member that qualifies as “independent” as the term
is used in Item 7(d)(3)(iv)(B) of Schedule