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Corporate governance involves the processes and procedures used to manage the business affairs of a company and includes the structure and balance of power between the management and board. eHi's board of directors has adopted a code of business conduct and ethics, which is applicable to its directors, senior executives, and financial officers. In addition, the board of directors has adopted a set of corporate governance guidelines. The guidelines reflect certain guiding principles with respect to the structure of the board of directors, procedures, and committees.

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