Kaired Holdings Co., Ltd. (hereinafter referred to as "the Company") announces that the 36th meeting of the 7th Board of Directors was held on May 9, 2021, in a combination of in-person and communication methods (the meeting notice was delivered recently via email, phone, and personal delivery). The meeting was attended by 7 directors eligible to vote, with all 7 participating in the voting. The meeting procedures complied with the Company Law of the People's Republic of China, the Articles of Association of Kaired Holdings Co., Ltd., and the Rules of Procedure for Board Meetings, and were legal and valid. The meeting was convened and presided over by Chairman Mr. Ji Xiaowen, and after careful deliberation by all attending directors, the following proposals were approved by a named vote:
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Approved the proposal to amend the "Management Measures for Providing Financial Assistance to External Parties." Independent directors expressed their agreement with independent opinions, and the specific content of the management measures was disclosed on the same day on the Giant Tide Information Network. Voting results: 7 votes in favor, 0 votes against, 0 abstentions.
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Approved the proposal to amend the "Implementation Rules of the Board of Directors' Strategic Committee." The specific content of the implementation rules was disclosed on the same day on the Giant Tide Information Network. Voting results: 7 votes in favor, 0 votes against, 0 abstentions.
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Approved the proposal to amend the "Implementation Rules of the Board of Directors' Compensation and Assessment Committee." The specific content of the implementation rules was disclosed on the same day on the Giant Tide Information Network. Voting results: 7 votes in favor, 0 votes against, 0 abstentions.
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Approved the proposal to amend the "Implementation Rules of the Board of Directors' Audit Committee." The specific content of the implementation rules was disclosed on the same day on the Giant Tide Information Network. Voting results: 7 votes in favor, 0 votes against, 0 abstentions.
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Approved the proposal to amend the "Implementation Rules of the Board of Directors' Nomination Committee." The specific content of the implementation rules was disclosed on the same day on the Giant Tide Information Network. Voting results: 7 votes in favor, 0 votes against, 0 abstentions.
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Approved the proposal to amend the "Annual Report Work System for Independent Directors." The specific content of the work system was disclosed on the same day on the Giant Tide Information Network. Voting results: 7 votes in favor, 0 votes against, 0 abstentions.