Core Viewpoint - Wang Suwang has been appointed as the Chairman of the Board of Guotou Securities, marking a significant leadership change within the company [1][2]. Group 1: Leadership Changes - Wang Suwang was elected as the Chairman of the Fifth Board of Guotou Securities on July 4, 2025, with his term lasting until the end of the current board's tenure [2]. - Wang Suwang currently holds multiple positions, including Chairman and General Manager of Guotou Securities, Chairman of Guozheng Investment, and Chairman of Anxin Fund [2]. - Former Chairman Duan Wenwu resigned from his positions at Guotou Securities due to a job transfer to Minmetals Group, where he serves as a member of the Party Group and Chief Accountant [2][3]. Group 2: Management Turmoil - Guotou Securities has experienced significant management upheaval since last year, including the dismissal of former General Manager Wang Lianzhi in April 2024, which was linked to the company's fluctuating performance [4]. - Following Wang Lianzhi's dismissal, Wang Suwang temporarily took over the responsibilities of General Manager until his official appointment in October 2024 [4]. - A mass resignation occurred shortly after Wang Suwang's appointment, with three senior executives leaving the company, all of whom were promoted by the former General Manager [4]. Group 3: Financial Performance - Despite the management changes, Guotou Securities has shown a recovery in its financial performance under Wang Suwang's leadership, with a reported revenue of 10.784 billion yuan in 2024, reflecting a year-on-year growth of 1.95% [5]. - The net profit attributable to shareholders for 2024 was 2.530 billion yuan, marking a significant increase of 30.49% compared to previous years [5]. - In contrast, the company's net profit had declined by 38.22% and 26.06% in 2022 and 2023, respectively, indicating a turnaround in performance [5].

Core Points - The document outlines the management system for subsidiaries of Wuxi Autowei Technology Co., Ltd, aiming to strengthen internal control, promote standardized operations, and protect investors' rights [1][2] - It defines the types of subsidiaries, including wholly-owned, controlling, and affiliated subsidiaries, and establishes the company's rights and obligations regarding these entities [1][2][3] Group 1: General Principles - The management system is established based on the Company Law of the People's Republic of China and the company's articles of association [1] - Subsidiaries are required to operate independently while adhering to the company's overall strategic goals and regulations [2][3] Group 2: Operational Norms - Subsidiaries must establish a governance structure and internal management systems in compliance with relevant laws [5][6] - The company has the right to appoint directors and supervisors to subsidiaries, ensuring oversight and compliance with company policies [3][4] Group 3: Personnel Management - The company appoints or recommends personnel to subsidiaries based on investment ratios or agreements, with responsibilities outlined for these roles [13][14] - Personnel must adhere to legal obligations and maintain the company's interests, with penalties for violations [17][16] Group 4: Financial Management - Subsidiaries must prepare annual budgets and business plans for company approval, ensuring alignment with overall corporate strategy [27][28] - A unified accounting system is mandated, with subsidiaries required to submit financial reports and undergo audits [28][29] Group 5: Audit and Supervision - The company's internal audit system applies to subsidiaries, with regular audits to assess economic efficiency and compliance [34][35] - Subsidiaries must cooperate with audits and implement recommendations promptly [36] Group 6: Major Information Reporting - Subsidiaries are obligated to report significant events and transactions that may impact the company's stock price, following established disclosure protocols [37][38] - Major decisions, such as investments and asset sales, require prior approval from the company's board [38][39] Group 7: Management of Affiliated Subsidiaries - Management of affiliated subsidiaries is conducted through appointed personnel, ensuring compliance with reporting obligations [43][44] - Affiliated subsidiaries must provide regular operational and financial updates to the company [45] Group 8: Administrative and Record Management - Subsidiaries must establish administrative regulations in line with the company's policies and maintain proper documentation [46][47] - Important documents must be securely stored and updated as necessary [48][49] Group 9: Assessment and Rewards - Subsidiaries can develop their own assessment and reward systems, subject to company approval, to motivate staff [51][52] - Penalties are imposed for failure to fulfill responsibilities that negatively impact the company [16][15]

General Principles - The company aims to strengthen management control over its subsidiaries and standardize internal operations to protect the rights of the company and its investors [1] - The company exercises shareholder rights through voting and appointing directors and supervisors to its subsidiaries, while also providing guidance and supervision [1][2] Management Principles - The management control over subsidiaries is intended to establish effective control mechanisms to enhance governance structure, asset management, and overall operational efficiency [1][2] - Subsidiaries must report significant business and financial matters that could impact the company [1][2] Establishment of Subsidiaries - The establishment of subsidiaries must comply with national laws and align with the company's strategic planning and core competitiveness [1][2] - Approval for establishing subsidiaries or mergers must follow the company's articles of association and investment management regulations [1][2] Governance Structure - The company collaborates with other shareholders to establish governance structures for subsidiaries, ensuring compliance with legal requirements [2] - The company appoints directors and supervisors to maintain governance oversight, with a majority of board members being company representatives [2][3] Financial Management - Subsidiaries must adhere to a unified accounting system and financial management practices dictated by the company [3] - Financial reports must be submitted timely, and the company has the right to audit and review subsidiary operations [3] Supervision and Accountability - The company supervises subsidiaries' operations, investments, and compliance with disclosure regulations [3] - Subsidiaries must maintain transparency and cannot engage in unauthorized financial activities [3] Miscellaneous Provisions - The provisions of this system will be executed in accordance with relevant laws and regulations, and the company board has the authority to interpret the system [4]

张联东从2021年2月开始担任洋河股份董事长，2021年~2024年，洋河股份营业收入从 253.50亿元增长至288.76亿元，增长13.9%；同期，归母净利润从75.08亿元减少至66.73 亿元，下滑11.12%；同期，以营收计，洋河股份在行业内的排名从第三位下滑至第五位，以 净利润计，排名从第四位下滑至第五位。 在今年6月举行的公司2024年度股东大会上，张联东坦言"洋河在这轮发展中是相对滞后 的"，并为公司业绩表现向投资者致歉。彼时，他还表示，公司管理层不能推卸责任，"最大问 题在我们（管理层）这里。"然而，找准问题后，改革大幕刚要开启，张联东便辞任。根据洋 河股份官网信息，目前顾宇已经接替张联东，担任江苏洋河酒厂股份有限公司（苏酒集团）党 委 书记 。不出意外的话，顾宇将是上市公司新任董事长。 现年47岁的顾宇，调任洋河股份前，他担任江苏省宿迁市宿城区委副 书记 、区长、主管经 济、招商引资工作，还负责审计、人民武装，分管审计局。 顾宇接掌洋河股份后，将面临诸 多挑战，除了持续多年的股权纠纷外，还有如何在行业深度调整的背景下带领洋河股份业绩重 回高峰等。 图片来源：财联社记者 朱万平/摄 洋河股份 ...

General Principles - The company establishes a system to enhance management of subsidiaries, ensuring effective control and operation mechanisms to promote standardized operations and healthy development of subsidiaries, thereby improving overall operational efficiency and risk resistance [1] - A subsidiary is defined as a company where the parent company holds more than 50% of the equity or can control the board of directors through agreements or other arrangements [1] Management of Major Matters - The company exercises management rights over major matters of subsidiaries, including capital changes, external investments, asset disposals, mergers, and amendments to the subsidiary's articles of association [2] Standardized Operations - Subsidiaries must operate according to the standards of listed companies and comply with relevant laws and regulations, establishing internal control systems based on their operational characteristics [5][6] Governance Structure - Subsidiaries are required to establish a sound governance structure, including shareholder meetings, boards of directors, and supervisory boards, in accordance with legal requirements [6] Investment and Decision-Making Management - Subsidiaries must align their operational and development plans with the overall strategy of the parent company, ensuring that investment decisions are systematic and risk-controlled [10][11] - Specific thresholds for reporting significant transactions to the board are established, including asset transactions exceeding 10% of total assets or market value [13][14] Financial Management - The company's finance department oversees the accounting and financial management of subsidiaries, ensuring compliance with accounting standards and timely reporting of financial information [12][13] Internal Audit and Supervision - The company conducts regular audits of subsidiaries to ensure compliance with laws and internal regulations, with a focus on financial performance and management practices [37][38]

General Overview - The document outlines the management system for subsidiaries of Zhejiang Fulai New Materials Co., Ltd, aiming to enhance operational efficiency and risk control [1][2]. Subsidiary Management - The company defines subsidiaries as those included in the consolidated financial statements and controlled by the company [2]. - The management system is designed to establish effective control mechanisms over subsidiaries' operations, resources, and investments [4][5]. - Subsidiaries are required to implement management systems in accordance with the company's guidelines and are subject to supervision [5][6]. Organizational Management - The company is responsible for establishing governance structures for subsidiaries, including shareholder meetings and boards of directors [6][7]. - Company-appointed personnel in subsidiaries must adhere to legal and regulatory requirements and report on operational conditions regularly [8][9]. Operational and Investment Decision Management - Subsidiaries must comply with national laws and align their operational goals with the company's overall development strategy [14][15]. - Any significant transactions, such as asset purchases or external investments, require approval according to established protocols [19][20]. Human Resources and Compensation Management - Subsidiaries have autonomy in human resources management but must report hiring and termination activities to the company's HR department [22][23]. - Compensation and benefits management must align with relevant laws and company policies [23]. Financial Management - The company appoints financial leaders in subsidiaries, which must follow established financial management protocols [24][25]. - Subsidiaries are required to maintain accurate financial records and submit financial reports to the company [26][27]. Information Disclosure - Subsidiaries must report significant business and financial matters to the company's board secretary promptly [34][35]. - The chairman or executive director of the subsidiary is responsible for information disclosure, ensuring compliance with company policies [36][37]. Supervision and Audit - Subsidiaries are subject to regular audits to ensure compliance with laws and company policies [41][42]. - Upon receiving audit notifications, subsidiaries must cooperate fully and provide necessary documentation [43][44]. Performance Assessment and Penalties - Subsidiaries can develop performance assessment systems based on company guidelines [45]. - Violations of laws or regulations may result in penalties for responsible individuals within the subsidiary [46].

江苏卓胜微电子股份有限公司 第一章 总则 第一条 为加强对江苏卓胜微电子股份有限公司（以下简称"公司" ）控股子公司的管理，根据 第五条 公司与子公司之间发生的关联交易，应当按照市场公允价格和交易条件进行，并依法 通过各自的决策机构按照法定程序审议通过，不得通过关联交易输送利益或规避税收。 第六条 公司依法确定子公司章程的主要条款，公司提名或委派的董事应当占子公司董事会（不 设董事会的，为董事，下同）成员的多数，以保证公司对子公司能够实现控制。 第二章 重大事项批准和备案制度 第七条 子公司发展计划及预算、借款、从事证券及金融衍生品投资、签订重大合同及《深圳 证券交易所创业板股票上市规则》第 7.1.1 条规定的交易事项等事项，公司提名的董事、监事或高级 管理人员必须事先报告公司证券投资部。公司应当根据公司相应事项的决策权限，提交公司相应的 决策机构批准。公司批准后，由子公司按照法定程序召开董事会或股东会（单一股东的，为股东决 定，下同）进行审议，公司授权的股东代表或提名的董事必须按照公司的批准意见进行表决。 第八条 子公司召开股东会和董事会的议事规则、通知方式等应符合《公司法》及子公司章程 规定。股东会和董 ...

General Overview - The document outlines the management system for subsidiaries of Guangzhou Jinyi Media Corporation, aiming to standardize operations, promote healthy development, optimize resource allocation, and enhance operational motivation and creativity of subsidiaries [2][4]. Chapter 1: General Principles - The management system is established in accordance with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [2][3]. Chapter 2: Personnel Management - The parent company holds controlling interest in subsidiaries either by owning more than 50% of shares or having significant influence through agreements [5]. - The parent and subsidiaries maintain an equal legal relationship, with the parent company exercising shareholder rights based on its equity stake [5]. - The parent company manages subsidiaries through various aspects including articles of association, personnel, finance, operational decisions, and information management [5][6]. - Directors and senior management appointed by the parent company must fulfill their duties and ensure compliance with laws and regulations [8][9]. Chapter 3: Financial Management - The parent company supervises investment scale, asset structure, and financial performance of subsidiaries [15]. - Subsidiaries are required to submit monthly, quarterly, and annual reports to the parent company, including operational and financial statements [15]. Chapter 4: Operational Decision-Making Management - Subsidiaries must align their operational plans with the parent company's strategic objectives [16]. - Investment decisions must follow a structured process, including feasibility studies and evaluations to maximize investment efficiency [18]. Chapter 5: Information Management - Subsidiaries must provide accurate and timely information to the parent company, including significant decisions and financial disclosures [23][25]. - The chairman of the subsidiary is responsible for information disclosure and must report to the parent company [26]. Chapter 6: Inspection and Assessment - The parent company may send auditors to subsidiaries for financial and operational checks [27]. - Directors and senior management of subsidiaries are required to report on their performance and the operational status of the subsidiary [28]. Chapter 7: Supplementary Provisions - The document's modification and interpretation rights are held by the board of directors of the parent company [29].

广东嘉元科技股份有限公司（以下简称"公司"）于 2022 年 2 月 8 日召开了 第四届董事会第二十六次会议，审议通过了《关于对外投资暨设立全资子公司的 议案》，拟由公司投资设立全资子公司广东嘉元供应链管理有限公司（以下简称 "嘉元供应链"），具体内容详见公司于 2022 年 2 月 9 日在上海证券交易所网站 (www.sse.com.cn)披露的《广东嘉元科技股份有限公司关于对外投资暨设立全资 子公司的公告》(公告编号：2022-011)。公司于 2022 年 3 月 3 日在上海证券交 易所网站(www.sse.com.cn)披露了《广东嘉元科技股份有限公司关于全资子公司 取得营业执照的公告》(公告编号：2022-020)，嘉元供应链取得了由梅州市梅县 区市场监督管理局核发的《营业执照》，完成了工商注册登记手续。 二、对外投资进展情况 | | | 转债代码：118000 转债简称：嘉元转债 广东嘉元科技股份有限公司 关于对外投资的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 一、对外投资情况概述 三、注 ...

Core Viewpoint - The document outlines the management regulations for subsidiaries of Shanghai New Times Electric Co., Ltd., aiming to enhance internal operations, protect the interests of the company and its investors, and ensure compliance with relevant laws and regulations [1][2]. Group 1: General Principles - The regulations aim to strengthen the management of subsidiaries, establish effective control mechanisms, and improve overall operational efficiency and risk resistance [2]. - Subsidiaries must adhere to these regulations and establish their own management guidelines for any subsidiaries they control [2]. Group 2: Operational Norms - Subsidiaries are required to establish a sound corporate governance structure and internal management systems in accordance with the Company Law and relevant regulations [3]. - Subsidiaries must hold shareholder meetings, board meetings, or supervisory board meetings as stipulated in their articles of association [3][4]. Group 3: Information Management - Subsidiaries must provide timely, complete, and accurate information regarding their operational performance, financial status, and business prospects to the company's board of directors [4]. - Subsidiaries are obligated to report significant matters to the company’s board secretary promptly [11]. Group 4: Financial Management - Subsidiaries must follow national financial management policies and accounting systems, and establish financial management systems suited to their actual conditions [8]. - Financial reports must be submitted to the company within specified timeframes, including annual, semi-annual, and quarterly reports [8][9]. Group 5: Investment Management - Subsidiaries are allowed to invest in projects based on market conditions and business needs, but must follow company guidance and supervision for external investments [10]. - Prior to engaging in certain investment activities, subsidiaries must obtain approval from their shareholder meetings [10]. Group 6: Audit and Supervision - The company will conduct regular or irregular audits of subsidiaries, which may include hiring external auditors [12]. - Subsidiaries must cooperate with audits and provide all necessary documentation [12][13]. Group 7: Performance Assessment - Subsidiaries are required to establish performance assessment and reward systems to motivate management and employees [14]. - The company reserves the right to impose penalties on subsidiary executives who fail to fulfill their responsibilities, resulting in adverse effects on the company [14].