Zhejiang Century Huatong Group Co., Ltd. (hereinafter referred to as "the Company") held the 19th meeting of the 6th Board of Directors on April 28, 2026, to review the proposal on purchasing liability insurance for directors and senior management. To further improve the Company's risk management system, reduce governance risks, and promote the management team to fully exercise their rights and fulfill their responsibilities, the Company intends to purchase liability insurance (hereinafter referred to as "Liability Insurance") for itself and all directors and senior management in accordance with the "Guidelines for the Governance of Listed Companies" and other relevant regulations.
002602SZSE
Announcement on the Purchase of Liability Insurance for Directors and Senior Management
✨ AI Summary
Zhejiang Century Huatong Group Co., Ltd. plans to purchase liability insurance for its directors and senior management to enhance risk management and governance. The insurance will have a coverage limit of up to RMB 100 million and an annual premium not exceeding RMB 1 million. The board has proposed to authorize management to handle the purchase details, with the matter to be submitted for shareholder approval.
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