Core Viewpoint - The document outlines the governance framework for Shandong New Energy Taishan Power Generation Co., Ltd, focusing on the delegation of authority from the board of directors to management, ensuring compliance with laws and regulations, and enhancing decision-making efficiency [1][2]. Group 1: Authorization Principles - The board of directors must adhere to principles of legality, accountability, and risk control when authorizing management actions [2]. - Authorization is categorized into basic authorization for routine business decisions and special authorization for specific matters beyond the basic scope [2][3]. Group 2: Scope of Authorization - The board can delegate certain powers to the chairman's special meeting or the general manager's office based on operational needs, ensuring that non-board entities do not receive direct decision-making authority [3][4]. - The board must scientifically determine the scope and limits of authorized decisions based on the company's strategic development and risk management capabilities [3][4]. Group 3: Decision-Making Procedures - The board must create a clear authorization decision plan detailing objectives, authorized parties, limits, and specific requirements [7][8]. - In special circumstances, temporary authorizations can be made through written resolutions, specifying the context and conditions of the authorization [7][8]. Group 4: Supervision and Adjustment - The board is responsible for monitoring authorized actions, evaluating their effectiveness, and making necessary adjustments based on operational realities and risk assessments [19][20]. - If significant issues arise, the board must promptly reassess and potentially revoke or modify the authorization [20][21]. Group 5: Responsibilities - The board holds supervisory responsibility for authorized actions and must correct any improper actions taken by authorized parties [24][25]. - The chairman's special meeting or general manager's office must operate within the authorized limits and report on their activities at least biannually [26][27]. Group 6: Final Provisions - The document will be effective upon approval by the board and will be interpreted by the board, which retains the right to adjust authorization matters as necessary [29][30].

Core Viewpoint - The document outlines the authorization management measures of Huashu Holdings Co., Ltd., aimed at improving corporate governance and decision-making efficiency while ensuring compliance with relevant laws and regulations [1][2]. Group 1: General Principles - The authorization is defined as the delegation of certain decision-making powers from the board of directors to the chairman and management team, adhering to established decision-making procedures and management systems [1][2]. - Authorization management should follow principles such as prudent authorization, timely adjustment, unity of power and responsibility, and a combination of delegation and supervision [1][2]. Group 2: Authorization Scope - Authorized matters are strictly limited to the scope defined by the shareholders' meeting and cannot exceed the board's legal powers [2]. - The board's authorized matters include investments within certain limits, property changes, related transactions, asset purchases or sales, and the selection of intermediary institutions [2]. Group 3: Authorization Procedures - The board adopts a "system + list" management model for authorization, allowing for dynamic adjustments to improve decision-making efficiency [3]. - Authorization lists must be discussed by the party organization before being approved by the board [3]. - The board retains the right to adjust authorized matters and can revoke or suspend permissions as necessary [3][4]. Group 4: Authorization Management Mechanism - Authorized individuals must conduct collective discussions in accordance with the "three major one big" decision-making system and cannot make decisions individually [4]. - Authorized individuals are required to report annually on the execution of authorized matters to the board [4]. - Individuals must strictly adhere to the authorization scope and bear responsibility for any losses caused by improper exercise of authority [4].