Core Points - The implementation rules for cumulative voting are established to protect the rights of minority shareholders and improve the corporate governance structure of Beijing KJY Technology Co., Ltd [1][2] - Cumulative voting allows shareholders to concentrate their voting rights for the election of directors, with each share providing a number of votes equal to the number of directors to be elected [1][2] - The election of two or more directors must adopt the cumulative voting system, with separate voting for independent and non-independent directors [1][2][3] Section Summaries General Provisions - The rules are based on relevant regulations and the company's articles of association to ensure all shareholders can fully exercise their rights [1] - Cumulative voting means shareholders can use their voting rights in a concentrated manner for one or more candidates [1][2] Nomination of Director Candidates - The list of director candidates is proposed according to legal and regulatory requirements [2] - If the number of qualified candidates exceeds the number of positions, a differential election will be implemented [2] Voting and Election of Directors - The cumulative voting system must be clearly stated in the notice of the shareholders' meeting [3] - Each shareholder's voting rights are calculated based on their shareholding and the number of directors to be elected [3][4] - The voting process includes multiple rounds if necessary, with the results announced by the meeting's monitor [4][5] Additional Provisions - Any matters not covered by these rules will follow national laws and the company's articles of association [5] - The board of directors is responsible for interpreting these rules, which take effect upon approval by the shareholders' meeting [5]
科净源: 累积投票实施细则 (2025年8月)