沈阳化工: 沈阳化工股份有限公司累积投票制实施细则

Core Points - The implementation rules for the cumulative voting system aim to enhance the corporate governance structure of Shenyang Chemical Co., Ltd. and protect the interests of minority shareholders [1][2] - The cumulative voting system allows shareholders to allocate their voting rights according to their preferences when electing multiple directors [2][3] - The rules stipulate that when a single shareholder or their concerted actors hold more than 30% of the voting shares, the cumulative voting system must be adopted for the election of two or more directors [2][3] Section Summaries General Provisions - The cumulative voting system is defined as allowing shareholders to have voting rights equal to the number of shares they hold multiplied by the number of directors to be elected [2] - The rules are established in accordance with various laws and regulations, including the Company Law and the Securities Law of the People's Republic of China [1][2] Nomination of Director Candidates - The board of directors proposes a list of candidates for election, which must be approved by the board and the nomination committee [3] - Shareholders holding at least 1% of the voting shares can propose candidates for directors [3] Election and Voting of Directors - The election process involves calculating the cumulative voting rights and ensuring that independent and non-independent directors are elected separately [5][6] - The minimum number of votes required for a candidate to be elected is more than half of the voting rights held by shareholders present at the meeting [6][7] Additional Provisions - The rules specify that if the number of elected directors is less than required, a second round of elections will be held [6][7] - The implementation rules will take effect after being approved by the shareholders' meeting [8]