Zhongfu Information Co., Ltd.
Board of Directors and Senior Management Compensation Management System
Chapter 1 General Provisions
Article 1 To further improve the compensation management of the company's directors and senior management, establish a scientific and effective incentive and restraint mechanism, effectively mobilize the enthusiasm of the company's directors and senior management, and improve the company's operating and management efficiency, in accordance with the "Company Law of the People's Republic of China," "Corporate Governance Guidelines for Listed Companies," and other relevant laws and regulations, and the "Articles of Association of Zhongfu Information Co., Ltd." (hereinafter referred to as the "Articles of Association"), and in combination with the actual situation of the company and the industry, this system is hereby formulated.
Article 2 The term "directors" as used in this system refers to all incumbent members of the Board of Directors during the period this system is in effect, including non-independent directors (including employee representative directors) and independent directors.
The term "senior management" as used in this system includes the general manager, deputy general managers, financial controller, board secretary, and other personnel as stipulated in the "Articles of Association."
Article 3 The compensation management system for the company's directors and senior management adheres to the following principles: (1) The income level should be consistent with the company's scale and performance growth, and also in line with industry compensation levels; (2) The principle of commensurate responsibility and rights, with compensation corresponding to the value of the position and the responsibilities undertaken; (3) The principle of reflecting the company's long-term interests, consistent with the goals of the company's sustained and healthy development.
Chapter 2 Compensation Management Structure
Article 4 The company's shareholders' meeting is responsible for reviewing the compensation of directors, and the company's Board of Directors is responsible for reviewing the compensation of the company's senior management.