Core Points - The document outlines the governance structure and operational guidelines for Guangdong Hesheng Industrial Aluminum Co., Ltd, focusing on the role and responsibilities of the General Manager [1][2][3] Group 1: General Manager's Appointment and Term - The company appoints one General Manager, with the possibility of several Vice General Managers or assistants based on operational needs [1] - The General Manager is selected or dismissed by the Board of Directors, with a term of three years that can be renewed [1][2] - The company cannot dismiss the General Manager without cause before the term ends, except in cases of voluntary resignation [1] Group 2: Qualifications and Responsibilities - Candidates for the General Manager position must possess recognized managerial qualities and industry-specific knowledge [2] - Individuals with certain legal or financial disqualifications, such as recent criminal convictions or personal bankruptcy, are ineligible for the role [2] - The General Manager is responsible for managing the company's operations, implementing board resolutions, and reporting to the board [3][4] Group 3: Duties and Obligations - The General Manager must act in the best interest of the company, avoiding conflicts of interest and ensuring compliance with laws and regulations [3][4] - Responsibilities include preparing annual business plans, managing internal structures, and overseeing financial reporting [4][5] - The General Manager must report on significant contracts and financial situations to the board, ensuring the accuracy of these reports [4][6] Group 4: Financial Oversight - The company appoints a financial officer responsible for financial reporting, accounting policies, and ensuring financial independence from controlling shareholders [5][6] - The financial officer must monitor financial transactions and report any irregularities to the board [6] Group 5: Meeting and Decision-Making Procedures - The General Manager conducts regular meetings to oversee daily operations and coordinate departmental activities [6][7] - Meeting agendas must be communicated in advance, and decisions are documented and executed as per the General Manager's directives [7] Group 6: Compensation and Liability - The General Manager's compensation is determined by a contract with the board, and they are only paid by the company, not by controlling shareholders [7] - The company is liable for damages caused by the General Manager's actions during their tenure, but the General Manager may be held accountable for intentional misconduct or gross negligence [7]