Core Points - The article outlines the implementation details of the cumulative voting system for the election of directors at Suzhou Xidian New Energy Electric Co., Ltd, aiming to enhance corporate governance and protect minority shareholders' rights [2][3]. Group 1: General Principles - The cumulative voting system allows shareholders to have voting rights equal to the number of shares they hold multiplied by the total number of directors to be elected, enabling concentrated or distributed voting [2][3]. - This system applies to proposals for the election or change of directors, including both independent and non-independent directors [2][3]. Group 2: Nomination of Director Candidates - The board of directors or shareholders holding more than 3% of the company's shares can propose candidates for the board [3]. - Nominators must obtain consent from the nominees and ensure they are well-informed about the candidates' qualifications and experiences [3][4]. - Detailed information about the candidates must be disclosed before the shareholders' meeting to facilitate informed voting [3][4]. Group 3: Voting Principles - Each shareholder's voting rights are calculated based on their shareholding and the number of directors to be elected, allowing for flexible voting strategies [4][5]. - Votes cannot exceed the total number of candidates to be elected, and any excess votes will be deemed invalid [4][5]. Group 4: Election Principles - Candidates are elected based on the total votes received, with a requirement that the votes exceed half of the total voting rights present at the meeting [6][7]. - In case of a tie in votes among candidates, a re-election will be conducted to determine the successful candidates [6][7]. Group 5: Special Procedures for Cumulative Voting - The company must clearly indicate the use of the cumulative voting system in the notice for the shareholders' meeting [8]. - Voting can be conducted in person or through a proxy, and online voting systems may also be utilized [8].
西典新能: 累积投票制实施细则(2025年6月).