KINGNET(SZ:002517) Zheng Quan Zhi Xing·2025-06-13 11:25Core Points - The independent director allowance system is established to incentivize independent directors of Kaiying Network Co., Ltd. to actively participate in decision-making and management, ensuring they can better fulfill their responsibilities [1][2] - The system is based on principles of combining responsibilities, rights, and benefits, and is in accordance with various laws and regulations [1] - Independent directors are defined as those who do not hold other positions in the company and are free from relationships that could hinder their independent judgment [1] - The allowance for independent directors will be calculated from the month they are approved by the shareholders' meeting, and will cease if they resign or voluntarily give up the allowance [1][2] Allowance Standards - The company will reimburse independent directors for travel expenses related to attending board and shareholder meetings, as well as reasonable expenses incurred while exercising their powers according to the company’s articles of association [2] - Independent directors are prohibited from receiving any allowances or undisclosed benefits from the company or its major shareholders beyond what is stipulated in this system [2] - If independent directors face disciplinary actions from regulatory bodies, the board may propose to reduce or stop the allowance based on the severity of the situation, subject to shareholder approval [2] Additional Provisions - Any matters not covered by this system will be executed according to relevant national laws, regulations, and the company's articles of association [2] - The system may be revised based on changes in actual circumstances, requiring approval from the shareholders' meeting [2] - The board of directors is responsible for interpreting this system, which will take effect upon approval by the shareholders' meeting [2]