Core Points - The document outlines the major investment and transaction decision-making system of Suzhou Electrical Appliance Research Institute Co., Ltd, aiming to standardize external investment behaviors in compliance with relevant laws and regulations [2][11] - The system emphasizes the clear division of responsibilities among the shareholders' meeting, board of directors, chairman, and management to ensure operational efficiency [2][3] Group 1: General Provisions - The company must adhere to the Company Law, Securities Law, and relevant regulations from the Shenzhen Stock Exchange [2] - The term "transaction" encompasses various activities, including asset purchases or sales, external investments, financial assistance, guarantees, leasing, and more [2][3] Group 2: Decision-Making Procedures - Transactions reaching certain thresholds must be submitted for board review and timely disclosure, including those where the total asset involved exceeds 10% of the latest audited total assets or where the transaction amount exceeds 10% of the latest audited net assets [3][5] - For transactions involving assets over 50% of the latest audited total assets or significant revenue/profit thresholds, shareholder meeting approval is required [5][6] Group 3: Reporting and Disclosure - Transactions that do not meet the specified thresholds may still require disclosure if deemed necessary by the Shenzhen Stock Exchange [8][9] - The company must provide audit or evaluation reports for transactions that meet certain criteria, ensuring transparency and compliance [13][14] Group 4: Additional Provisions - The document specifies that the company can exempt certain transactions from shareholder meeting procedures under specific conditions, such as receiving cash assets or debt relief [15] - The system will take effect upon approval by the shareholders' meeting and will be interpreted by the board of directors [11][11]