Chapter 1 General Principles
Article 1
To adapt to the strategic development needs of China Merchants Jin Yu Industrial Operation Service Co., Ltd. (hereinafter referred to as "the Company"), enhance the Company's core competitiveness, determine the Company's development plan, improve investment decision-making procedures, strengthen decision-making scientificity, increase the effectiveness and quality of major investment decisions, and improve the corporate governance structure, the Board of Directors has established the Strategic and Sustainable Development Committee (hereinafter referred to as "the Committee") and formulated these rules of procedure in accordance with the Company Law of the People's Republic of China, the Guidelines for the Governance of Listed Companies, the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 1 - Standard Operations of Main Board Listed Companies, the Articles of Association of China Merchants Jin Yu Industrial Operation Service Co., Ltd. (hereinafter referred to as "the Articles of Association"), and other relevant regulations.
Article 2
The Committee is a specialized working body under the Board of Directors, primarily responsible for researching and providing recommendations on the Company's long-term development strategies, major investment decisions, and sustainable development work.
Article 3
The resolutions made by the Committee shall comply with laws, administrative regulations, departmental rules, and other normative documents (hereinafter collectively referred to as "laws and regulations") as well as the provisions of the Articles of Association and these rules of procedure. Any resolution of the Committee that violates relevant laws, regulations, or the Articles of Association shall be deemed invalid; if the decision-making process of the Committee violates relevant laws, regulations, or the Articles of Association, interested parties may request the Board of Directors to revoke the resolution within sixty days from the date of the resolution.
Chapter 2 Composition
Article 4
The Committee shall consist of seven directors.
Article 5
Committee members shall be nominated by the Chairman, more than half of the independent directors, or more than one-third of all directors, and elected by a majority of the Board of Directors.