江苏神通: 董事会对董事长的授权细则（2025年7月修订）

Core Viewpoint - The board of directors of Jiangsu Shentong Valve Co., Ltd. has established detailed authorization guidelines for the chairman to enhance decision-making efficiency and clarify approval authority [1] Group 1: Authorization Guidelines - The authorization guidelines are designed to regulate company management and decision-making processes, ensuring compliance with laws and internal regulations [1] - The chairman is authorized to make external investments, asset sales, acquisitions, and borrowings within specified financial limits, including a maximum of 5% of the latest audited net assets for single transactions and 10% for cumulative investments within a year [1] - For short-term investments, the chairman can allocate up to 2% of the latest audited net assets for single investments and 5% for cumulative investments over 12 months [1] Group 2: Borrowing and Guarantees - The chairman's borrowing authority is limited to 5% of the latest audited total assets for single borrowings and 12% for cumulative borrowings over 12 months [1] - The total amount of guarantees provided by the company and its subsidiaries cannot exceed 15% of the latest audited net assets, excluding guarantees for related parties [1] Group 3: Asset Transactions - The chairman can authorize asset sales up to 3% of the latest audited total assets, with a cumulative limit of 10% over 12 months [1] - For asset acquisitions, the chairman can utilize funds not exceeding 3% of the latest audited total assets, with a cumulative limit of 10% over 12 months [1] Group 4: Compliance and Implementation - The chairman must act within the scope of authority granted by the board and submit matters exceeding this authority to the board or shareholders for approval [1] - Any issues not covered by these guidelines will refer to relevant laws and internal regulations, with the board responsible for interpretation and amendments [1] - The guidelines will take effect upon approval by the board of directors [1]