The company, in strict accordance with the Company Law, Securities Law, Governance Guidelines for Listed Companies, Shanghai Stock Exchange Stock Listing Rules, Articles of Association and other relevant laws, aims to achieve standardized operation through the implementation of constantly improved internal policies, strengthend internal control, regulated functioning of internal "governance bodies" and enhanced internal and external check and balance so as to safeguard the lawful rights and benefits of shareholders in a fair and equal way, respect the interests of all other stakeholders, deliver on the shared development vision of innovation, harmony and being green and open, and actively fulfill social responsibilities.
- Shareholders Meeting
- Shareholders meeting is the highest decision-making body of the company. The company convenes and holds shareholders meeting in strict accordance with the provision and requirements of the Articles of Association and Rules of Procedure for Shareholders' Meeting. The company is committed to ensuring that all shareholders, especially minority shareholders, have the same rights and can fully exercise their voting rights.
- Board of Directors
- The Board of Directors is the operating and decision-making body of the company, reporting to shareholders meeting. The Board of Directors is composed of 10 directors, including 5 non-independent directors and 5 independent directors. The Board has a proper mix of professionals who are well equipped with the knowledge, skills, and qualities to perform their respective duties. The independent directors are composed of two academicians, two professors and one lawyer, bringing their strong expertise to the company. The Board of Directors, acting efficiently in strict accordance with the provisions and requirements of the Articles of Association and Rules of Procedures for the Board of Directors, makes scientific and expert decisions for the company on major issues such as development strategy, compliant operation, business management, risk control etc.
- Strategy and Sustainable Development Committee
- The Strategy and Sustainable Development Committee of the Board of Directors is a specialized working body under the Board of Directors and reports to the Board of Directors. The main responsibilities of this committee are developing the company’s medium and long-term development strategy, making decisions for major investments, researching on sustainable development policies, supervising the development and implementation of the company's ESG goals, researching and making recommendations on other major issues that have impact on the company's development.
- Audit Committee
- The Audit Committee of the board of directors is a special committee under the Board of Directors. The main responsibilities of this committee are communications of internal and external audit, communications of internal control and risk management, supervision, and verification of relevant work.
- Nomination Committee
- The Nomination Committee of the Board of Directors is a special committee under the Board of Directors. The main responsibilities of this committee are screening and reviewing qualified directors and senior management candidates and providing relevant suggestions.
- Remuneration and Assessment Committee
- The Remuneration and Assessment Committee of the Board of Directors is a special committee under the Board of Directors. The main responsibilities of this committee are researching the assessment standards for directors and management, conducting assessments and providing suggestions; researching and reviewing the remuneration policies and plans for directors and management.
- Board of Supervisors
- The Board of Supervisors is the supervisory body of the Company, the number of employee representative Supervisors shall not be less than one third of the total Supervisors. The Board of Supervisors, with the authority granted by the Articles of Association, performs its duties conscientiously in a responsible manner to the shareholders, supervises and inspects the performance of duties of Directors and senior management and the legality and compliance of the Company's finance, so as to fully safeguard the legitimate rights and interests of the Company and its shareholders.
