Chapter 1 General Principles
Article 1
To standardize the behavior of the Supervisory Board and its members of Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "the Company"), ensure the Supervisory Board independently exercises its supervisory powers in accordance with the law, improve the efficiency of the Supervisory Board's work, and better protect the rights and interests of shareholders, the Company, and employees from infringement, these rules are formulated based on the Company Law of the People's Republic of China (hereinafter referred to as "the Company Law"), the Articles of Association of Guangdong Jushen Logistics Co., Ltd. (hereinafter referred to as "the Articles of Association"), and other relevant laws, regulations, and normative documents.
Article 2
The Supervisory Board is a permanent supervisory body of the Company, responsible to the shareholders' meeting and reporting on its work.
Article 3
Supervisors and the Supervisory Board shall exercise their powers in accordance with laws, regulations, and the Articles of Association. The Company's Board of Directors, General Manager, various departments, and branches shall cooperate and provide necessary support. No organization or individual within the Company may interfere with or obstruct the normal exercise of powers by the Supervisors and the Supervisory Board.
Article 4
These rules are binding on all Supervisors and other relevant personnel attending the Supervisory Board meetings.
Chapter 2 Composition and Powers of the Supervisory Board
Article 5
The Supervisory Board consists of 3 Supervisors, including 1 shareholder representative Supervisor and 2 employee representative Supervisors. The Supervisory Board shall have one Chairperson.
Article 6
The Supervisory Board exercises the following powers:
- Review the periodic reports prepared by the Board of Directors and provide written review opinions;
- Inspect the Company's finances;
- Supervise the actions of Directors and senior management in performing their duties, and propose the dismissal of any Directors or senior management who violate laws, administrative regulations, the Articles of Association, or resolutions of the shareholders' meeting;
- Request Directors and senior management to correct actions that harm the Company's interests;
- Propose the convening of an extraordinary shareholders' meeting and convene and preside over the meeting if the Board of Directors fails to fulfill its responsibilities under the Company Law and the Articles of Association;
- Propose the convening of an extraordinary Board meeting;
- Submit proposals to the shareholders' meeting;
- Initiate lawsuits against Directors and senior management in accordance with relevant provisions of the Company Law;
- Investigate if abnormal operating conditions are discovered, and if necessary, hire professional institutions such as accounting firms and law firms to assist in its work, with costs borne by the Company;
- Other powers granted by the Articles of Association or the shareholders' meeting.