Leedarson IoT(SH:605365) Zheng Quan Zhi Xing·2025-07-23 10:16Core Points - The document outlines the rules governing the board meetings of Lida Xin IoT Technology Co., Ltd, aiming to standardize the decision-making process and enhance the board's operational efficiency [1][2][3] Chapter Summaries Chapter 1: General Principles - The rules are established to ensure the board operates effectively and complies with relevant laws and regulations [1] - The board is responsible for managing the company's assets and is accountable to the shareholders [1] Chapter 2: Composition of the Board - The board consists of 7 to 11 directors, including 3 to 4 independent directors [1] Chapter 3: Powers of the Board - The board must fulfill its legal responsibilities and ensure compliance with laws and regulations [2] - Specific powers include convening shareholder meetings, formulating profit distribution plans, and making decisions on significant investments and acquisitions [2][3] Chapter 4: Authorization of the Board - The board can delegate certain powers to the chairman or general manager to enhance operational efficiency [7] - The chairman has the authority to convene meetings and oversee the execution of board resolutions [7] Chapter 5: Meeting Procedures - The board must hold at least two meetings annually, with proper notice given to all directors [8] - A quorum requires the presence of more than half of the directors, and decisions are made by majority vote [8][11] Chapter 6: Board Secretary - The board secretary is responsible for managing information disclosure and coordinating communication between the company and stakeholders [19] - The secretary must possess relevant qualifications and is accountable to the board [19][20] Chapter 7: Miscellaneous - The rules take effect upon approval by the shareholders and are subject to amendments as necessary [22][23]