Zangge Mining Co., Ltd.
Rules of Procedure for the Board of Directors' Executive and Investment Committee
Chapter 1 General Provisions
Article 1 To adapt to the strategic development needs of Zangge Mining Co., Ltd. (hereinafter referred to as the "Company"), enhance the Company's core competitiveness, implement the resolutions of the Company's shareholders' meeting and board of directors, improve decision-making efficiency and quality, and perfect the corporate governance structure, in accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law") and the "Articles of Association of Zangge Mining Co., Ltd." (hereinafter referred to as the "Articles of Association"), the Company hereby establishes the Executive and Investment Committee of the Board of Directors and formulates these Rules.
Article 2 The Executive and Investment Committee of the Board of Directors is a special committee established by the Board of Directors, serving as a standing executive and investment institution under the authorization of the Board of Directors. It shall perform the functions and powers of the Board of Directors within the scope of authorization and be responsible to the Board of Directors.
Chapter 2 Composition of Personnel
Article 3 The Executive and Investment Committee shall be composed of six non-independent directors.
Article 4 The Executive and Investment Committee shall have one Chairman, who shall preside over the committee's work. The Chairman shall be the Chairman of the Board.