Suzhou Rural Commercial Bank(SH:603323) Zheng Quan Zhi Xing·2025-06-13 13:48Core Viewpoint - The revised rules for the board of directors of Jiangsu Suzhou Rural Commercial Bank aim to enhance the governance and decision-making processes, ensuring compliance with relevant laws and regulations [2][3]. Group 1: Purpose and Basis - The purpose of the revised rules is to standardize the board's decision-making procedures and improve the effectiveness of the board's operations [2]. - The revisions are based on various legal frameworks, including the Company Law, Securities Law, and guidelines for corporate governance [2]. Group 2: Board Powers - The board retains the authority to convene shareholder meetings and report on its activities [2]. - The board is responsible for executing shareholder resolutions and managing shareholder affairs [2]. Group 3: Meeting Procedures - The chairman must convene a temporary board meeting within 10 days upon receiving a proposal from shareholders representing over 10% of voting rights [2]. - Board meetings are primarily held in person, but can also be conducted through written resolutions under certain conditions [2][3]. Group 4: Independent Directors - Certain matters require the approval of a majority of independent directors before being submitted to the board for review [3]. - The rules specify that independent directors must provide written consent for proposals that require their prior approval [3]. Group 5: Miscellaneous Provisions - The revised rules will take effect upon approval by the shareholders' meeting and regulatory authorities, with previous rules being nullified [3][4]. - The board has the authority to interpret the rules [4].