Chapter 1 General Principles
Article 1
To standardize the selection of directors, managers, and other senior management personnel, optimize the composition of the board of directors, and improve the corporate governance structure, Shanghai Weihong Electronics Technology Co., Ltd. (hereinafter referred to as "the Company") has established the Nomination Committee of the Board of Directors and formulated these rules of procedure in accordance with the Company Law of the People's Republic of China, the Code of Corporate Governance for Listed Companies, the Measures for the Administration of Independent Directors of Listed Companies, the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 2 - Standardized Operations of GEM Listed Companies, and the provisions of the Articles of Association of Shanghai Weihong Electronics Technology Co., Ltd. (hereinafter referred to as "the Articles of Association").
Article 2
The Nomination Committee is a specialized body under the board of directors, primarily responsible for formulating selection criteria and procedures for directors and senior management personnel, as well as reviewing and selecting candidates and their qualifications.
Chapter 2 Composition
Article 3
The Nomination Committee consists of three directors, two of whom are independent directors.
Article 4
Committee members are nominated by the chairman, more than half of the independent directors, or more than one-third of all directors, and elected by the board of directors.
Article 5
The committee has one convener, who is an independent director, responsible for convening committee meetings and presiding over committee work. The convener is elected by the board of directors.
Article 6
The term of the Nomination Committee is consistent with that of the board of directors, with each term not exceeding three years. Upon expiration, members may be re-elected. If a member ceases to be a director of the Company during their term, they automatically lose their committee membership, and the board of directors shall promptly supplement the committee in accordance with Articles 3 to 5 above.