Chapter 1 General Principles
Article 1
To adapt to the strategic development needs of Kairuide Holdings 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 the scientific nature of decisions, increase the effectiveness and quality of major investment decisions, and improve the corporate governance structure, the Company has formulated the Implementation Rules of the Board of Directors' Strategic Committee in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Articles of Association of Kairuide Holdings Co., Ltd. (hereinafter referred to as "the Articles of Association"), and other relevant regulations.
Article 2
The Strategic Committee of the Board of Directors is a specialized working body established by the Board of Directors in accordance with the resolutions of the shareholders' meeting, primarily responsible for researching and proposing suggestions on the Company's long-term development strategy and major investment decisions.
Chapter 2 Composition
Article 3
The Strategic Committee consists of five directors, including at least one independent director.
Article 4
Members of the Strategic Committee are nominated by the Chairman, more than half of the independent directors, or one-third of all directors, and elected by the Board of Directors.
Article 5
The Strategic Committee has a Chairperson (Convener) responsible for presiding over the committee's work, who shall be the Chairman of the Board.