CJI studied and promulgated interim measures for the management of investor representatives

　　In order to further standardize and institutionalize the comprehensive management of CJI, implement the rights and responsibilities of investors, implement the company's development strategy, further clarify the responsibilities of dispatched directors and supervisors, strengthen the company's management and control, and strengthen assessment and supervision, the company has studied and issued "Interim Measures for the Management of Investor Representatives of CJI".

　　The core of this approach is the regular work reporting and reporting system on major events, as well as clarifying the term of office, appointment goals and requirements, responsibilities and rights, as well as relevant responsibilities for serious breach of contract and damage to the company's interests.

　　This method clarifies that the investor's representatives must implement the investor's will, safeguard the interests of the investor, and make statements and votes on the board of directors of the invested enterprise in accordance with the investor's resolutions or opinions. Urge the invested enterprises to promptly collect and account the capital gains due to the investors. Matters such as major investment, operating decisions, profit distribution plans, mergers, divisions, bankruptcy, dissolution and acquisitions of the invested enterprise, asset transfer, transfer, capital increase or bond issuance, and important personnel appointments and removals must be reported in advance to build the company. Clear management control system and formal reporting structure.

　　This method has been repeatedly studied and determined by the company's leaders, heads of various departments, and heads of various subsidiaries many times, and has been studied and approved by the company's board of directors. It is issued in the form of documents of CJI. On October 12, a meeting of representatives of investors of various units affiliated to the company will be held. Implement it. The meeting invited lawyers to explain from a legal perspective. Chairman Kong of the company requested that the interests of investors be safeguarded by others, and that investors 'representatives must be responsible to the company and ensure the company's capital gains.

　　The promulgation of this measure marks another measure taken by CJI to establish an effective governance structure and a reasonable property rights system that meet the company's development needs as its organizational form changes.