Core Viewpoint - The company has established a qualified board of directors and supervisory board, ensuring compliance with relevant regulations and enhancing governance structure [1][3][4]. Board of Directors - The tenth board of directors consists of members who meet the qualifications for serving on a listed company board, with no penalties or restrictions from regulatory bodies [1]. - The board includes various specialized committees: Strategy and ESG Committee, Compensation and Assessment Committee, Audit Committee, Nomination Committee, and Compliance Management Committee, with independent directors holding a majority in key committees [2]. Supervisory Board - The tenth supervisory board is composed of three members, including a chairperson and representatives from both non-employee and employee sectors, ensuring a balanced representation [3][4]. - The employee representative on the supervisory board constitutes no less than one-third of its members, adhering to legal requirements [4]. Senior Management - The company has appointed senior management personnel, including the president and several vice presidents, with a term of three years starting from the first meeting of the tenth board [5]. - The board secretary and securities affairs representative have the necessary qualifications and experience, complying with regulatory standards [5]. Industry Insights - The engineering machinery industry is showing signs of recovery, with expectations of improved performance and demand [8][9]. - The industry is transitioning to "National IV" standards starting December 1, indicating regulatory changes that may impact operations [8]. - Domestic demand is anticipated to strengthen, with a notable increase in exports, suggesting a potential turnaround for the excavator sector [9].

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