Chapter 1 General Principles
Article 1
To adapt to the strategic development needs of AVIC Chengfei Co., Ltd. (hereinafter referred to as "the Company"), determine the Company's development plan, improve investment decision-making procedures, strengthen the scientific nature of strategic decisions, enhance the effectiveness and quality of major investment decisions, elevate the Company's environmental, social, and governance (hereinafter referred to as "ESG") standards, and enhance the Company's core competitiveness and sustainable development capabilities, the Company establishes the Board of Directors' Strategy and ESG Committee (hereinafter referred to as "the Strategy and ESG Committee") and formulates these rules in accordance with the Company Law of the People's Republic of China (hereinafter referred to as "the Company Law"), the Guidelines for the Governance of Listed Companies, the Self-Regulatory Guidelines No. 17 for Listed Companies on the Shenzhen Stock Exchange - Sustainable Development Report (Trial), the Self-Regulatory Guidelines No. 3 for Listed Companies on the Growth Enterprise Market of the Shenzhen Stock Exchange - Preparation of Sustainable Development Reports, the Management Measures for Independent Directors of Listed Companies, the Articles of Association of AVIC Chengfei Co., Ltd. (hereinafter referred to as "the Articles of Association"), and other relevant regulations.
Article 2
The Strategy and ESG Committee is a specialized working body established by the Board of Directors, primarily responsible for researching and proposing suggestions on the Company's long-term development strategy and major investment decisions, managing the strategic development of ESG-related matters, guiding and supervising the effective implementation of the Company's environmental and resource protection, social responsibility, and corporate governance work, reporting to the Board of Directors, and being accountable to the Board.