Chapter 1 General Principles
Article 1
To standardize and institutionalize the Nomination Committee of the Board of Directors of Kairuide Holdings Co., Ltd. (hereinafter referred to as "the Company"), improve work efficiency and quality, optimize the composition of the Board, and enhance the corporate governance structure, the Company establishes the Nomination Committee and formulates these implementation rules in accordance with the Company Law of the People's Republic of China, the Code of Corporate Governance for Listed Companies, the Articles of Association of Kairuide Holdings Co., Ltd., and other relevant regulations.
Article 2
The Nomination Committee is a permanent deliberative body established by the Board of Directors, working under the leadership of the Board and reporting to it. The committee is responsible for selecting candidates for directors and managerial personnel, as well as the selection criteria and procedures.
Chapter 2 Composition
Article 3
The Nomination Committee consists of three directors, with a majority being independent directors.
Article 4
Committee members 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 committee has a chairperson (convener), who is an independent director, responsible for leading the committee's work. The chairperson is elected from among the committee members and approved by the Board of Directors.
Article 6
The term of the Nomination Committee is consistent with that of the Board of Directors. Members may be re-elected upon the expiration of their term. If a member ceases to be a director, they automatically lose their committee membership, and the committee will supplement its members according to Articles 3 to 5 above.