Chapter 1 General Principles
Article 1 In order to ensure the efficiency and scientific decision-making of the Supervisory Board, to ensure its lawful exercise of powers, and to protect the legitimate rights and interests of all shareholders, these rules are formulated in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, and other relevant national laws, regulations, and the company's articles of association.
Chapter 2 Powers of the Supervisory Board
Article 2 The company shall establish a Supervisory Board to exercise the following powers:
- Inspect the company's finances;
- Supervise the actions of directors, the general manager, and other senior management personnel in performing their duties when they violate laws, regulations, or the company's articles of association;
- Report to the board of directors and the shareholders' meeting, or directly to the securities regulatory authority and other relevant departments, if directors, the general manager, and other senior management personnel violate laws, regulations, or the articles of association, harming the company's interests;
- Propose the convening of an extraordinary shareholders' meeting;
- Attend board meetings;
- Other powers granted by the articles of association or the shareholders' meeting.
Article 3 When exercising its powers, the Supervisory Board may hire professional institutions such as law firms and accounting firms for assistance, with the costs borne by the company.
Chapter 3 Composition of the Supervisory Board
Article 4 The Supervisory Board shall consist of three supervisors, including representatives of shareholders and employees, with employee representatives accounting for no less than one-third of the total number of supervisors.
Article 5 The Supervisory Board shall have one chairperson, elected and removed by a majority of the supervisors.
Article 6 Supervisors serve a term of three years. Supervisors representing shareholders are elected or replaced by the shareholders' meeting, while employee representatives are elected or replaced by democratic elections among employees. Supervisors may be re-elected.
Article 7 The shareholders' meeting may not dismiss a supervisor before the end of their term.
Article 8 Supervisors may resign before the end of their term by submitting a written resignation report to the Supervisory Board.
Article 9 If a supervisor's resignation results in the number of supervisors falling below the legal minimum, the resignation report shall only take effect after the next supervisor fills the vacancy.
Article 10 Upon resignation or term expiration, the obligations owed to the company and shareholders do not automatically terminate during the reasonable period before the resignation report takes effect or after it takes effect, and the obligation to keep the company's trade secrets confidential remains effective until the secret becomes public information. The duration of other obligations shall be determined based on fairness, considering the time elapsed between the occurrence of events and departure, and the circumstances and conditions under which the relationship with the company ends.