Chapter 1 General Principles
Article 1 General Provisions
To further enhance the management level of Guangdong Lingxi Industry Co., Ltd. (hereinafter referred to as "the Company"), and to fully adjust the remuneration of directors and senior management, this system is established based on the principles of motivation and innovation, and in accordance with the relevant regulations of the Company Law and other related regulations.
Article 2 Objectives
- Ensure the achievement of annual business targets.
- Promote the performance of directors and senior management, and provide incentives for personal development.
- Evaluate the results of the remuneration management and performance assessment annually, and provide data for the selection of senior management personnel.
Article 3 Scope of Application
- Directors, including independent directors (including part-time directors) and executive directors.
- Senior management personnel: including general managers, deputy general managers, financial officers, and other senior management personnel as stipulated by the Company’s Articles of Association.