Landai Technology Group Co., Ltd. Work Rules for the Board of Directors' Strategy Committee
Chapter 1 General Provisions
Article 1 To adapt to the strategic development needs of Landai Technology Group Co., Ltd. (hereinafter referred to as the "Company"), enhance the Company's core competitiveness, determine the Company's development plan, improve the investment decision-making process, strengthen decision-making scientificity, improve the effectiveness and quality of major investment decisions, and perfect the corporate governance structure, in accordance with the "Company Law of the People's Republic of China," "Corporate Governance Guidelines for Listed Companies," "Normative Operation Guidelines for Listed Companies on the SME Board of the Shenzhen Stock Exchange," and other relevant laws, administrative regulations, departmental rules, normative documents, and the "Articles of Association," the Company hereby establishes the Board of Directors' Strategy Committee (hereinafter referred to as the "Strategy Committee") and formulates these Work Rules.
Article 2 The Strategy Committee is a specialized working body established by the Board of Directors, primarily responsible for researching and proposing recommendations on the Company's long-term development strategy and major investment decisions, and reporting its work to the Board of Directors.
Chapter 2 Composition
Article 3 The Strategy Committee shall be composed of three directors, including at least one independent director.
Article 4 Strategy Committee members shall be nominated by the Chairman, more than one-half of the independent directors, or more than one-third of the directors, and shall be elected by the Board of Directors.
Article 5 The Strategy Committee shall have one Chairman (i.e., the convener of the Strategy Committee), who shall be the Chairman of the Board of Directors and shall be responsible for presiding over the work of the Committee.
Article 6 The term of office of the Strategy Committee shall be the same as the term of office of the Board of Directors. Members may be re-elected upon the expiration of their term. If a member ceases to hold the position of director of the Company during their term, they shall automatically lose their qualification as a member. The Board of Directors shall appoint new members in accordance with the above provisions to fill the vacancy.
Chapter 3 Responsibilities and Authority