WOTE(SZ:002886) Zheng Quan Zhi Xing·2025-08-01 16:35General Provisions - The purpose of the guidelines is to clarify the responsibilities of the general manager of Shenzhen Water New Materials Co., Ltd. and ensure efficient, coordinated, and standardized exercise of authority [1] - The general manager is responsible for daily operations and management under the leadership of the board of directors and must comply with relevant laws and regulations [1][2] Appointment and Dismissal of General Manager - The company can only appoint a general manager who meets specific criteria, including not having a criminal record related to financial misconduct or being a debtor in significant financial distress [2] - The board of directors has the authority to appoint or dismiss the general manager and other senior management personnel [2][3] Powers of the General Manager - The general manager is responsible for the daily production and management of the company, implementing board resolutions, and reporting to the board [3] - The general manager has the authority to organize the implementation of the annual business plan and investment proposals, as well as to propose internal management structures and regulations [3][4] Responsibilities and Reporting System - The general manager and other senior executives have a duty of diligence, ensuring that the company's business activities comply with laws and regulations, and must treat all shareholders fairly [8] - The general manager must report significant changes in the company's operational environment, expected performance losses, or any other matters that could impact the company's financial status to the board [10] Incentive and Restraint Mechanism - The general manager and their team are subject to evaluation by the board, with their compensation determined by the board [26] - A performance evaluation system is established to link compensation with performance and individual contributions [26][27]