Chapter 1 General Principles
Article 1
To strengthen the value management work of Zhejiang Bofei Electric Co., Ltd. (hereinafter referred to as "the Company"), further standardize the Company's value management behavior, and protect the legitimate rights and interests of the Company, investors, and other stakeholders, this 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," "Opinions of the State Council on Strengthening Supervision to Prevent Risks and Promote High-Quality Development of the Capital Market," "Guidelines for the Supervision of Listed Companies No. 10 - Value Management," "Shenzhen Stock Exchange Stock Listing Rules," and the "Articles of Association of Zhejiang Bofei Electric Co., Ltd." (hereinafter referred to as "the Articles of Association") as well as relevant national laws, regulations, and normative documents.
Article 2
The term "value management" in this system refers to the strategic management actions implemented by the Company to enhance its investment value and shareholder return capability based on improving the Company's quality.
Article 3
Value management is an important part of the Company's strategic management. As long as the Company continues to operate, it must continuously ensure the implementation of value management work, which is one of the core responsibilities of the board of directors.
Chapter 2 Purpose and Basic Principles of Value Management
Article 4
The main purpose of value management is to enhance the Company's transparency through improved corporate governance and full compliance with information disclosure, guiding the convergence of the Company's market value and intrinsic value. It also aims to fully realize the Company's value through capital operations, equity management, and investor relations management, establishing a stable and high-quality investor base to gain long-term market support, thereby achieving the dual goals of maximizing overall corporate benefits and increasing shareholder wealth.