海通发展: 福建海通发展股份有限公司累积投票制度实施细则

Core Viewpoint - The article outlines the implementation details of the cumulative voting system for the election of directors at Fujian Haitong Development Co., Ltd, aiming to enhance governance and protect the interests of minority shareholders [1][2]. Group 1: General Provisions - The cumulative voting system allows shareholders to have voting rights equal to the number of shares they hold multiplied by the number of directors to be elected, enabling them to concentrate their votes on one candidate or distribute them among several [1][2]. - This system applies to the election of directors, excluding employee representative directors, who are elected through a different process [1][2]. Group 2: Election Procedures - When electing two or more directors, if a single shareholder or their concerted parties hold more than 30% of the shares, the cumulative voting system must be implemented [2]. - The company must ensure that the election of directors is conducted in a transparent, fair, and just manner, following relevant laws and regulations [2][3]. Group 3: Voting Rights and Validity - Each shareholder's total voting rights during the election are calculated based on their shareholding and the number of directors to be elected [3][4]. - If a shareholder casts votes exceeding their total voting rights, those votes will be considered invalid [3][4]. Group 4: Election Outcomes - In the case of equal elections, a candidate must receive more than half of the valid votes to be elected [4][5]. - If the number of elected directors is less than required, a new election must be held within two months to fill the vacancies [4][5]. Group 5: Final Provisions - The rules will take effect upon approval by the shareholders' meeting and will be subject to modification and interpretation by the company's board of directors [6].