Fenglin Group(SH:601996) Zheng Quan Zhi Xing·2025-08-14 16:38Core Points - The document outlines the management system for the resignation of directors and senior management at Guangxi Fenglin Wood Industry Group Co., Ltd, aiming to enhance corporate governance stability and protect shareholder rights [1][2]. Group 1: General Provisions - The system applies to all directors (including independent directors) and senior management personnel regarding voluntary resignations, term expirations, and dismissals [2]. - The resignation of directors becomes effective upon the company's receipt of the resignation notice, while senior management resignations take effect upon the board's receipt of the resignation report [2][3]. Group 2: Resignation Circumstances - Directors must continue to perform their duties until new directors are elected if their term expires without timely re-election or if their resignation results in a board below the legal minimum [2][3]. - The company can dismiss directors and senior management through resolutions, which take effect immediately upon decision [3]. Group 3: Responsibilities and Obligations After Resignation - Resigning directors and senior management must complete all handover procedures within five days of their official departure [4]. - They are required to cooperate with the company in verifying significant matters during their tenure and maintain confidentiality regarding company secrets even after their resignation [4][5]. Group 4: Accountability - The board will review and determine accountability for any breaches of commitments or responsibilities by resigning directors and senior management [5][6]. - Resigning personnel can appeal the board's accountability decisions within 15 days of notification [6].