Hengtong(SH:600226) Zheng Quan Zhi Xing·2025-08-25 16:30Core Points - The article outlines the implementation details of the Compensation and Assessment Committee of Zhejiang Hengtong Holdings Co., Ltd, aimed at improving the assessment and compensation management system for directors and senior management [1][2] Group 1: Committee Structure - The Compensation and Assessment Committee consists of three directors, including two independent directors [2] - The committee is chaired by an independent director, who is elected by the committee members and approved by the board [2] - The term of the committee aligns with that of the board, and members can be re-elected [2] Group 2: Responsibilities and Authority - The committee is responsible for formulating and reviewing compensation policies and plans for directors and senior management based on their roles and responsibilities [3] - It conducts annual performance evaluations of directors and senior management and proposes suggestions based on these evaluations [3] - The committee supervises the execution of the company's compensation system and makes recommendations on various compensation-related matters to the board [3][4] Group 3: Decision-Making Procedures - The board office prepares necessary materials for the committee's decision-making, including financial indicators and performance evaluations [5] - The committee evaluates the performance of directors and senior management based on established standards and proposes compensation amounts and reward methods [5][6] - Meetings of the committee are held irregularly, with a requirement for a two-thirds majority of members to be present for decisions [7][8] Group 4: Meeting Regulations - The committee can invite directors and senior management to attend meetings if necessary [8] - The committee may hire external agencies for professional advice, with costs covered by the company [8] - Meeting records must be kept for at least ten years, and all attendees are bound by confidentiality obligations [8][9]