002713SZSE

Dongyi Risen: Implementation Rules for Cumulative Voting (April 2026)

*ST Dongyi Co., Ltd.··3p

✨ AI Summary

Dongyi Risen Decoration Group Co., Ltd. has implemented rules for a cumulative voting system, effective upon shareholder approval. The purpose is to enhance corporate governance and protect shareholder rights, particularly for minority shareholders. Key figures include shareholders holding over 1% of shares who can nominate director candidates. The material outcome is a fairer, more transparent director election process where each share equals the number of directors to be elected, allowing shareholders to allocate votes strategically.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openaiSign In to Upgrade

Chapter 1 General Principles

Article 1

In order to further improve the governance of Dongyi Risen Decoration Group Co., Ltd. (hereinafter referred to as "the Company"), these rules are formulated based on relevant laws and regulations, ensuring the protection of shareholders' rights and interests, and maintaining the rights of minority shareholders.

Article 2

These rules specify the cumulative voting system, indicating that the Company shall adopt a cumulative voting system for the election of directors, allowing shareholders to allocate their votes among candidates as they see fit.

Article 3

The rules include provisions for the election of directors, specifying that the Company shall disclose relevant information about candidates to shareholders in a timely manner.

Article 4

The Company shall ensure that the voting process is fair and transparent, and that all shareholders have equal voting rights.

Chapter 2 Nomination of Directors

Article 5

Shareholders holding more than 1% of the Company's shares may propose candidates for directors.

Article 6

The Company shall disclose the qualifications of nominated candidates and ensure that they meet the necessary criteria.

Article 7

The Company shall provide a platform for shareholders to express their opinions regarding the nominated candidates.

Chapter 3 Principles of Cumulative Voting

Article 8

The Company shall conduct cumulative voting for the election of directors, where each share shall carry a number of votes equal to the number of directors to be elected.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.

Notes & Comments

Sign in to leave a comment or private note.

Loading…