Chapter One General Principles
Article 1 Basis
According to the "Company Law of the People's Republic of China" (hereinafter referred to as "Company Law"), the "Regulations on the Governance of Listed Companies" (hereinafter referred to as "Governance Regulations"), and the relevant provisions of the Shenzhen Stock Exchange, this system is formulated to improve the governance of Tianqi Holdings Co., Ltd. (hereinafter referred to as "the Company") and to ensure the independent functioning of independent directors.
Article 2 Purpose
The purpose of this system is to clarify the responsibilities of independent directors, enhance their independence, and ensure that they effectively perform their duties in accordance with the law and regulations.
Article 3 Independent Director Qualifications and Responsibilities
Independent directors must meet the following qualifications:
- Comply with laws, regulations, and relevant provisions of the Company Law;
- Have the necessary knowledge and experience to perform their duties;
- Have no significant relationship with the company or its major shareholders that may affect their independence.