Zhejiang Jiuli Special Materials Technology Co., Ltd.
Authorization Management System (Revised April 2026)
Article 1 To strengthen the authorization management of Zhejiang Jiuli Special Materials Technology Co., Ltd. (hereinafter referred to as the "Company"), ensure the standardized operation of the Company, protect the legitimate rights and interests of the Company, shareholders, and creditors, and in accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Shenzhen Stock Exchange Stock Listing Rules," and other laws, regulations, normative documents, and the "Articles of Association," combined with the actual situation of the Company, this system is formulated.
Article 2 Authorization management as referred to in this system means: authorization by the Company's shareholders' meeting to the board of directors; authorization by the board of directors to the chairman; authorization by the board of directors to the general manager; and necessary authorizations in the process of the Company's specific business management.
Article 3 The principles of authorization management are, while ensuring the legitimate rights and interests of the Company, shareholders, and creditors, to improve work efficiency and make the Company's business management standardized, scientific, and procedural.
Article 4 The shareholders' meeting is the highest authority of the Company and exercises the powers and functions of the shareholders' meeting as stipulated by laws, regulations, normative documents, the "Articles of Association," this system, or other management systems of the Company.