2025 Annual Work Report of the Board of Directors
2025 is a milestone year for AVIC Chengfei Group Co., Ltd. (hereinafter referred to as "the Company"), marking the conclusion of the 14th Five-Year Plan and the planning of the 15th Five-Year Plan. The Board of Directors has strictly implemented the Company Law of the People's Republic of China, the Code of Corporate Governance for Listed Companies, the Shenzhen Stock Exchange GEM Listing Rules, and the Articles of Association, fulfilling its duties faithfully and diligently. The Board has effectively played its role in "setting strategies, making decisions, and preventing risks," focusing on enhancing corporate governance effectiveness, establishing a sound corporate governance structure, standardizing board operations, and significantly improving scientific decision-making and risk control capabilities, thereby promoting the Company's high-quality development.
Part One: Work Situation in 2025
1. Board System Construction
In accordance with legal regulations and the latest requirements from the China Securities Regulatory Commission and Shenzhen Stock Exchange regarding the governance and supervision of GEM-listed companies, the Board has advanced the Company's system construction, revising and formulating 33 regulations throughout the year, including the Articles of Association, the Board Authorization Management Measures, and the Board Responsibilities List, continuously improving internal operational management order and establishing a scientific, complete, and effective system.