Core Points - The document outlines the operational guidelines for the President of Xiamen Yingqu Technology Co., Ltd, focusing on governance, responsibilities, and qualifications [2][3][4] Group 1: General Provisions - The guidelines aim to standardize the company's behavior and improve the decision-making level of the President [2] - The President is responsible for daily operations and management, implementing board resolutions, and reporting to the board [2][3] Group 2: Qualifications and Appointment Procedures - The President must possess extensive economic and management knowledge, leadership skills, and relevant industry experience [3][4] - The appointment and dismissal of the President are decided by the board, with a term of three years [3][4] Group 3: Responsibilities of the President - The President has the authority to manage daily operations, implement annual plans, and propose the hiring or dismissal of senior management [4][5] - The President must ensure the protection and appreciation of company assets and comply with company regulations [7][8] Group 4: Meeting and Reporting Procedures - The President is required to hold monthly meetings to discuss significant operational matters and report to the board at least once a month [10][12] - The President must ensure the authenticity of reports regarding major contracts, financial status, and operational progress [12][14] Group 5: Evaluation and Rewards - The evaluation of the President's performance is based on various financial metrics, including total assets, net profit, and revenue growth [14][15] - The board may grant material rewards for outstanding performance during the President's term [15]

General Overview - The company aims to improve its corporate governance structure and ensure the management team fulfills its responsibilities diligently and effectively [1] Management Structure - The company has established a management structure that includes one President, a Chief Operating Officer (COO), several Vice Presidents, and a Chief Financial Officer (CFO) [1] - The President is responsible for daily operations and management, implementing board resolutions, and reporting to the board [1][3] Qualifications and Appointment Procedures - The President and other senior management must possess extensive economic and management knowledge, practical experience, and strong management capabilities [2] - Specific disqualifications for senior management roles include criminal convictions related to corruption, bankruptcy responsibilities, and being listed as a dishonest executor by the court [2][3] Powers and Responsibilities - The President is accountable to the board and has the authority to manage the company's operations, implement annual plans, and propose management structures [4][5] - The President's office has the authority to approve transactions involving assets above certain thresholds, ensuring that significant decisions are made with board oversight when necessary [5][6] Reporting and Meetings - The President is required to report to the board at least once a year on various operational aspects, including long-term planning and significant contracts [8][9] - Regular meetings of the President's office are mandated to discuss important operational and management issues, with a minimum of one meeting per month [10][11] Accountability and Compliance - The company mandates an exit audit for the President upon termination or resignation, ensuring accountability for their tenure [30] - Any violations of laws or regulations by the President may lead to economic penalties or legal consequences [31]

General Provisions - The purpose of the regulations is to improve the management efficiency and scientific management level of Zhejiang Yongqiang Group Co., Ltd. [1] - The regulations clarify the responsibilities, powers, main management functions, and work content of the managerial personnel, including the president, vice presidents, and financial officer [1][2] Managerial Structure - The company has one president, several vice presidents, and one financial officer [1] - Changes in managerial personnel must be approved by the board of directors [1] Duties and Responsibilities - Managerial personnel must act in good faith, avoid conflicts of interest, and not misuse their positions for personal gain [1][2] - Specific duties include not misappropriating company assets, not opening personal accounts for company funds, and not disclosing company secrets [1][2] President's Authority - The president is responsible to the board of directors and has the authority to manage the company's operations, implement board resolutions, and report on work [3] - The president can appoint or dismiss vice presidents and the financial officer, and is responsible for the company's internal management systems [3][4] Vice President's Role - Vice presidents assist the president and are responsible for the daily management of their respective areas [4] - They must report regularly to the president and complete tasks assigned by the president [4] Financial Officer's Responsibilities - The financial officer assists the president in financial matters, including budgeting and financial planning [4] - They are responsible for cost control, financial analysis, and ensuring compliance with financial regulations [4] Meeting Regulations - The president's office meetings are the main form for decision-making on administrative and operational issues [5][6] - Decisions made in these meetings must be executed by all relevant personnel [6] Reporting Obligations - The president must regularly report to the board of directors and the audit committee on significant contracts, financial status, and major operational issues [12][16] - Reports must ensure the authenticity of the information provided [12][16] Performance Evaluation - The board of directors is responsible for evaluating the performance of senior management, including the president and vice presidents [47] - The president must establish a performance-based incentive mechanism linked to company performance [48]