Hengdian Group DMEGC Co., Ltd. Work Rules for the Board of Directors' Remuneration and Assessment Committee
Chapter 1 General Provisions
Article 1 To regulate the remuneration and assessment of directors and senior management of Hengdian Group DMEGC Co., Ltd. (hereinafter referred to as the "Company"), improve the corporate governance structure, and in accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Corporate Governance Guidelines for Listed Companies," the "Administrative Measures for Independent Directors of Listed Companies," the "Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange," and other relevant laws, administrative regulations, departmental rules, normative documents, and the "Articles of Association of Hengdian Group DMEGC Co., Ltd." (hereinafter referred to as the "Articles of Association"), the Company has established a Board of Directors' Remuneration and Assessment Committee, and formulated these Work Rules.
Article 2 The Board of Directors' Remuneration and Assessment Committee is a specialized working body under the Board of Directors, primarily responsible for formulating assessment standards for directors and senior management and conducting assessments, as well as formulating and reviewing the remuneration determination mechanisms, decision-making processes, and payment and clawback arrangements for directors and senior management.
Chapter 2 Membership
Article 3 The Remuneration and Assessment Committee shall be composed of at least three directors, of whom more than half must be independent directors.