002817SZSE

Independent Director Work System

Huangshan Capsule Co., Ltd.··14p

✨ AI Summary

Anhui Huangshan Rubber Co., Ltd. has formulated a work system for independent directors to improve their effectiveness and safeguard shareholder interests. Independent directors must meet specific qualifications, including at least five years of relevant experience and no conflicts of interest. They are required to participate in board meetings, provide independent opinions on major decisions, and hold at least one-third of the total director positions. The company will ensure they have access to necessary information and resources for their duties.

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Full Translation

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Chapter One General Principles

Article 1

To further improve the work system for independent directors at Anhui Huangshan Rubber Co., Ltd. (hereinafter referred to as "the Company"), maintain the legal rights and interests of shareholders and related parties, and ensure the Company's compliance with regulations, this work system is formulated based on the "Company Law" and other relevant laws and regulations.

Article 2

Independent directors refer to those who do not hold any positions in the Company and are not major shareholders, and they should not have any direct or indirect relationships that may affect their independent judgment.

Article 3

Independent directors must comply with relevant laws, regulations, and the Company's articles of association, and should actively participate in the Company's decision-making processes to safeguard the overall interests of the Company.

Article 4

The Company shall appoint independent directors based on their qualifications and experience, ensuring that they meet the requirements set forth in this work system.

Article 5

The Company shall ensure that independent directors have access to necessary information and resources to perform their duties effectively.

Chapter Two Responsibilities of Independent Directors

Article 1

Independent directors should possess the following qualifications related to their duties:

  1. Based on laws and regulations, they must meet the requirements for independent directors.
  2. They should have a good understanding of the Company's operations and relevant laws and regulations.
  3. They should have at least five years of relevant work experience.

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