Board of Directors' Strategy Development and ESG Committee Work System
Chapter 1 General Provisions
Article 1 To meet the company's strategic development needs, enhance core competitiveness, determine development plans, improve investment decision-making procedures, enhance the scientific nature of decision-making, improve the effectiveness and quality of major investment decisions, and improve the company's environmental, social, and governance (hereinafter referred to as "ESG") management level, in accordance with the "Company Law of the People's Republic of China," "Corporate Governance Guidelines for Listed Companies," "Administrative Measures for Independent Directors of Listed Companies," "Shenzhen Stock Exchange GEM Stock Listing Rules," "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 2 - Norms for GEM Listed Company Operations," and the "Articles of Association of Zhongmi Holdings Co., Ltd." (hereinafter referred to as the "Articles of Association"), the company hereby establishes the Board of Directors' Strategy Development and ESG Committee and formulates this system.
Article 2 The Strategy Development and ESG Committee is a special committee under the Board of Directors, primarily responsible for researching and proposing recommendations on the company's medium and long-term development strategies, major investment decisions, and ESG governance.
Chapter 2 Membership
Article 3 The Strategy Development and ESG Committee shall be composed of 5 directors, including at least 1 independent director.
Article 4 The members of the Strategy Development and ESG Committee shall be nominated by the Chairman, more than one-half of the independent directors, or more than one-third of all directors, and elected by the Board of Directors.
Article 5 The Strategy Development and ESG Committee shall have one Chairman (Convener) responsible for presiding over the committee's work. The Chairman (Convener) shall be elected from among the members and approved by the Board of Directors.