Balance Medical(SH:688198) Zheng Quan Zhi Xing·2025-08-27 14:02Core Viewpoint - The document outlines the major operational and investment decision-making management system of Beijing Bairen Medical Technology Co., Ltd, aiming to ensure scientific, standardized, and transparent decision-making processes while safeguarding the interests of the company and its shareholders [2][10]. Group 1: General Principles - The system is established to standardize the procedures for major operational and investment decisions, ensuring effective risk prevention and resource allocation [2]. - Major decision-making principles include alignment with the company's development strategy, optimizing resource allocation, and enhancing core competitiveness [2]. Group 2: Decision Scope - Major operational matters include significant purchase and sale contracts, acquisition or disposal of fixed assets, and execution of operational plans set by the board or shareholders [4]. - Investment matters include acquisitions, sales, asset swaps, external investments (excluding low-risk bank financial products), debt restructuring, and signing of licensing agreements [3]. Group 3: Decision Authority and Procedures - The decision-making bodies for major operational and investment decisions include the shareholders' meeting, board of directors, chairman, and general manager [3]. - Certain investment matters require board approval if they meet specific thresholds, such as asset totals exceeding 50% of the company's audited total assets or transaction amounts exceeding 50% of the company's market value [5]. Group 4: Execution and Supervision - Decisions approved by the shareholders' meeting or board must be implemented by the proposing business department, which is responsible for creating a feasible implementation plan [7]. - Internal audits are mandated to ensure compliance with financial and operational standards during the execution of investment projects [7]. Group 5: Legal Responsibilities - Directors who vote in favor of decisions leading to significant economic losses may bear compensation responsibilities according to relevant laws and company regulations [8]. - Project leaders are accountable for any errors or violations during the execution of investment decisions that result in losses to the company [8].