Chengtou Holding(SH:600649) Zheng Quan Zhi Xing·2025-06-20 13:14Core Viewpoint - The establishment of the Strategic and ESG Committee by Shanghai Urban Investment Holding Co., Ltd. aims to enhance the company's core competitiveness, improve decision-making processes, and elevate ESG management standards [1]. Group 1: Committee Structure - The Strategic and ESG Committee consists of seven directors, including at least one independent director [3]. - The committee members are nominated by the chairman or a majority of independent directors and elected by the board [3]. - The committee has a designated convener responsible for organizing and leading its activities [2]. Group 2: Responsibilities and Authority - The committee is tasked with researching and providing recommendations on the company's long-term development strategies, major investment decisions, and ESG initiatives [9]. - It is responsible for identifying risks and opportunities related to sustainable development and overseeing the implementation of ESG policies [9][10]. - The committee must submit its resolutions and related proposals to the board for approval [10]. Group 3: Decision-Making Procedures - The Strategic and ESG Working Group prepares necessary materials for the committee's decision-making, including drafts of strategic plans and major investment proposals [11]. - The committee reviews and submits approved plans to the board for final approval [13]. Group 4: Meeting Rules - Meetings are convened by the convener or a majority of committee members, with relevant materials provided at least three days in advance [14]. - A quorum requires the presence of more than half of the committee members, and decisions are made by majority vote [17]. Group 5: Confidentiality and Record-Keeping - Meeting records must be maintained for at least ten years, and committee members are bound by confidentiality regarding discussed matters [19][22].