Core Viewpoint - The document outlines the authorization system of Zhejiang Huayou Cobalt Co., Ltd., aiming to enhance decision-making efficiency, ensure compliance with laws, and protect the rights of shareholders and the company [1][7]. Authorization Principles - The basic principles of authorization include prudent authorization, matching responsibility with authority, timely adjustments based on internal and external factors, effective monitoring during execution, and ensuring quality and efficiency in decision-making [2][5]. Authorization Scope - The board of directors can delegate certain powers to the chairman, general manager, or other authorized individuals, while certain statutory powers and matters requiring shareholder approval cannot be delegated [3][4]. Authorization Procedures - The board must clearly define the standards, specific matters, and duration of authorization, and in special circumstances, temporary authorizations must be documented with specific requirements [4][6]. Authorization Management - In emergencies, the chairman has the authority to take immediate actions to protect the company's interests, and must report these actions to the board and shareholders afterward [5][6]. The execution of authorized matters must be reported back to the board, and adjustments to authorization may be made based on various conditions [6]. Authorization Responsibilities - Authorized individuals must act within their designated authority, maintain diligence, and avoid overstepping their bounds. They are accountable for any decisions that violate laws or company regulations, leading to significant losses [6]. Supplementary Provisions - Any matters not covered by this system will follow national laws and regulations, and the board of directors holds the authority to interpret and amend this system [7].
华友钴业: 董事会授权管理制度