ZXFC(SZ:002915) Zheng Quan Zhi Xing·2025-07-18 13:12Core Points - The article outlines the implementation details of the cumulative voting system for Zhejiang Zhongxin Fluorine Material Co., Ltd, aimed at enhancing corporate governance and protecting minority shareholders' interests [1][2][3] Group 1: General Provisions - The cumulative voting system allows each share to have voting rights equal to the number of directors to be elected, enabling shareholders to concentrate their votes on one candidate or distribute them among several [1][2] - The system is established in accordance with relevant laws and regulations, including the Company Law of the People's Republic of China and the company's articles of association [1][2] Group 2: Nomination of Director Candidates - Shareholders holding at least 1% of the voting shares can propose director candidates before the shareholders' meeting [2] - Nominated candidates must self-check their qualifications and provide written confirmation of their eligibility [2][3] - The board of directors will review the qualifications of the nominated candidates, ensuring compliance with legal and regulatory requirements [2][3] Group 3: Voting and Election of Directors - Independent and non-independent directors will be elected through separate voting processes [3][4] - Shareholders can allocate their voting rights to one or multiple candidates, with the total votes cast not exceeding their cumulative voting rights [3][4] - Candidates are ranked based on the total votes received, with those receiving the highest votes being elected [4][5] Group 4: Special Procedures for Cumulative Voting - The company must clearly state the use of the cumulative voting system in the notice for the shareholders' meeting [5] - Detailed instructions on the voting process and ballot completion must be provided to shareholders prior to the election [5] - Shareholders can vote in person or authorize others to vote on their behalf [5]