Chapter 1 General Provisions
Article 1 To further improve the corporate governance structure of Zhejiang Jiuli Special Materials Co., Ltd. (hereinafter referred to as the "Company"), effectively protect shareholder interests, prevent corporate decision-making risks, and promote standardized corporate operations, these Regulations are formulated in accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Administrative Measures for Independent Directors of Listed Companies," "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 - Standardized Operation of Main Board Listed Companies," and other relevant laws, regulations, normative documents, and the "Articles of Association."
Article 2 Independent directors refer to directors who do not hold any other positions in the Company besides director, and who have no direct or indirect interest relationship with the Company and its major shareholders or actual controllers, or other relationships that may affect their independent and objective judgment.
Article 3 Independent directors owe duties of loyalty and diligence to the Company and all shareholders. They shall perform their duties diligently in accordance with relevant laws and regulations, participate in decision-making, provide checks and balances, and offer professional advice within the board of directors, safeguarding the overall interests of the Company, with particular attention to protecting the legitimate rights and interests of small and medium shareholders.