Chapter 1 General Principles
Article 1
To further improve the corporate governance structure of Zhejiang Bofei Electric Co., Ltd. (hereinafter referred to as "the Company"), enhance the professionalism of major decision-making, and prevent risks in strategic and investment decisions, the Board of Directors formulates these rules in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Administrative Measures for Independent Directors of Listed Companies, the Corporate Governance Guidelines for Listed Companies, 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 Strategic Committee is primarily responsible for researching and providing recommendations on the Company's long-term development strategies and major investment decisions.
Chapter 2 Nature and Role of the Strategic Committee
Article 3
The Strategic Committee is a specialized committee established under the Board of Directors.
Article 4
The Strategic Committee serves as an advisory body to the Board of Directors, conducting research and providing recommendations on major issues such as strategic planning and investment management.
Article 5
The Strategic Committee independently exercises its powers within the scope authorized by the Board of Directors and is directly accountable to the Board.
Chapter 3 Formation and Composition of the Strategic Committee
Article 6
The Strategic Committee consists of three directors, including one independent director.