Core Points - The company has established specialized committees within its board to enhance governance structure and operational efficiency [1][11][16] - The Audit Committee is responsible for reviewing financial information, supervising internal and external audits, and ensuring compliance with laws and regulations [2][3][4] - The Nomination Committee is tasked with developing selection criteria for directors and senior management, as well as reviewing candidates' qualifications [12][13][14] - The Compensation and Assessment Committee is responsible for formulating compensation standards and conducting performance evaluations for directors and senior management [17][18][19] - The Strategy Committee focuses on long-term development strategies and major investment decisions, providing recommendations to the board [22][23][24] Audit Committee - The Audit Committee consists of three directors, with a majority being independent directors, including at least one accounting professional [3][4] - The committee's main responsibilities include supervising external audit work, reviewing financial disclosures, and assessing internal controls [8][9][10] - The committee must approve certain actions, such as financial report disclosures and hiring or firing external auditors, before submission to the board [10][11] Nomination Committee - The Nomination Committee is composed of three directors, with a majority being independent [12][13] - Its primary duties include proposing the size and composition of the board and recommending qualified candidates for directors and senior management [13][14] - The committee's recommendations must be documented in board resolutions if not fully adopted [14] Compensation and Assessment Committee - The Compensation and Assessment Committee consists of three directors, with a majority being independent [17][18] - It is responsible for developing compensation plans and evaluating the performance of directors and senior management [18][19] - The committee's proposals regarding compensation must be approved by the board and submitted for shareholder approval [19] Strategy Committee - The Strategy Committee is formed to enhance the company's core competitiveness and make informed investment decisions [22][23] - It includes at least one independent director and is responsible for researching long-term strategies and major investment proposals [22][23] - The committee's recommendations are submitted to the board for approval [24][25]
长江材料: 董事会专门委员会工作细则(2025年5月修订)