Chapter One General Principles
Article 1
To standardize the management behavior of JiuZhou MeiGu Technology Co., Ltd. (hereinafter referred to as "the Company"), promote the healthy development of subsidiaries, optimize resource allocation, and enhance the economic efficiency of the Company, this management system is formulated in accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Regulations on the Administration of Securities Issuance and Trading," and other relevant laws and regulations.
Article 2
The management of subsidiaries (hereinafter referred to as "subsidiaries") refers to the control and management of the Company’s subsidiaries, which may include the establishment, operation, and dissolution of subsidiaries.
- The Company shall establish subsidiaries in accordance with the law and shall be responsible for the management of these subsidiaries.
- The management of subsidiaries shall be conducted through the board of directors or management committee, which shall be responsible for the overall management and decision-making of the subsidiaries.
Article 3
The subsidiaries shall operate under the overall framework of the Company, independently manage their operations, and comply with the laws and regulations applicable to their business activities.
Article 4
This system applies to the Company and its subsidiaries. The Company’s board of directors shall oversee the management of subsidiaries, ensuring that high-level management is not restricted by the Company’s operational guidelines.