Core Points - The document outlines the system for appointing directors, supervisors, and senior executives in subsidiaries of Jiangsu Lianhuan Pharmaceutical Co., Ltd to strengthen management and protect the interests of the parent company [1][2] - The system is established in accordance with relevant laws, regulations, and internal control norms [1] Group 1: General Provisions - The system aims to enhance the management and control of subsidiaries by the parent company [1] - It defines the roles of appointed directors, supervisors, and senior executives as representatives of the parent company in subsidiaries [1] - The subsidiaries referred to include wholly-owned and controlled subsidiaries of the parent company [1] Group 2: Qualifications for Appointed Personnel - Appointed personnel must meet the qualifications set forth in the Company Law and the parent company's articles of association [2] - They should possess professional qualifications and experience of at least two years in similar positions [2] - Health and energy levels sufficient to fulfill their duties are also required [2] Group 3: Appointment and Dismissal Procedures - The appointment and dismissal procedures must comply with the collective decision-making system of the company [3] - The parent company's general manager, in collaboration with the HR department, recommends candidates for appointment [3] - The parent company may also utilize public recruitment to identify candidates for these positions [3] Group 4: Performance Evaluation and Compensation - The HR department of the parent company is responsible for evaluating the performance of appointed personnel [4] - Annual performance reports must be submitted by the appointed personnel to the HR department [4] - Compensation is linked to performance evaluations, with proposals submitted for approval by the parent company's management [4] Group 5: Legal Compliance and Responsibilities - Appointed personnel are required to comply with the Company Law and other relevant regulations [5] - The parent company retains the right to seek compensation for losses caused by negligence or misconduct of appointed personnel [5] - The system also applies to the appointment of personnel in affiliated subsidiaries, subject to actual circumstances [5]