CFLED(SZ:300301) Zheng Quan Zhi Xing·2025-08-04 16:47General Overview - The purpose of the management system is to standardize the appointment of directors, supervisors, and senior management personnel in subsidiaries of Shenzhen Changfang Group Co., Ltd., enhance management levels, and ensure the legal rights of shareholders [2][3] Appointment of Personnel - The system applies to wholly-owned and controlled subsidiaries of the company [2] - Appointed personnel include the chairman, vice chairman, directors, supervisors, and senior management such as general managers and financial officers [2][3] - Appointed personnel must meet the qualifications set by relevant laws and the subsidiaries' articles of association, including work experience and professional knowledge [3] - The selection of directors, supervisors, and senior management is primarily from current employees, with the option to recruit externally if necessary [3] Responsibilities of Appointed Personnel - Appointed personnel must exercise their rights and responsibilities in accordance with laws and regulations [4] - They are responsible for ensuring compliance with national laws and regulations, coordinating between the company and subsidiaries, and protecting the company's interests [4][5] - Regular reporting on the operational status of subsidiaries is required, along with communication on significant matters [5] Additional Provisions - The labor relationship of appointed senior management remains unchanged, with compensation and social insurance paid by the subsidiary [5] - The system will be implemented upon approval by the company's board of directors [5]