Core Points - The company has established a compensation management system for its directors, supervisors, and senior management to enhance governance structure and promote sustainable development [2][4][7] Group 1: Compensation Management Principles - The compensation of directors, supervisors, and senior management is linked to the company's performance to ensure stable development while adhering to market value principles [2][4] - The compensation system is designed to motivate and enhance the initiative and creativity of the company's leadership [2][4] Group 2: Compensation Structure and Determination - The shareholders' meeting is responsible for reviewing the compensation plans for directors and supervisors, while the board of directors authorizes the nomination and compensation assessment committee to determine the compensation for senior management [3][4] - The compensation for directors who also serve as senior management is based on a fixed annual salary, without additional director allowances [4][5] - Independent directors receive an annual allowance as per the standards approved by the shareholders' meeting, and their reasonable expenses are covered by the company [4][5] Group 3: Performance-Based Compensation - Basic salary is determined based on the company's responsibilities, operational scale, and regional average wages, paid in cash monthly [5][6] - Performance-based compensation is paid after the annual performance assessment, reflecting the company's operational results [5][6] - The compensation system is designed to align with the company's long-term interests and ensure fairness both internally and externally [6][12] Group 4: Adjustments and Compliance - The compensation management system is intended to serve the company's strategic goals and will be adjusted according to changes in operational conditions [14][15] - In case of significant changes in the external economic environment, the nomination and compensation assessment committee may propose revisions to the system, subject to board and shareholder approval [15][16] - The system will take effect upon approval by the shareholders' meeting and will replace the previous management compensation guidelines [7][16]