Dongjiang Environmental Company Limited recently released its updated Rules of Procedure for the Strategy and Development Committee. The document states that the committee was established by the board of directors to ensure the company’s strategic planning and investment decisions align with long-term development goals.

The announcement clarifies that the committee consists of three directors, including at least one independent director. The position of chairman is held by the chairman of the board of directors. Members serve a term concurrent with the board’s term and may be re-elected. If a member no longer holds a director position, committee membership automatically ceases.

Key responsibilities include researching and proposing recommendations on major investment, financing, and asset management plans subject to board approval, as well as conducting inspections on the execution of these matters. The committee may invite company directors, senior officers, or external experts to attend meetings when necessary. Each meeting requires attendance by more than two-thirds of the members, and resolutions require approval by more than half of all members.

The newly released document further details the committee’s internal procedures, including meeting notifications, rules on proxy attendance, and confidentiality obligations. Meeting minutes and related documents are recorded and kept by the securities and legal affairs department.

These updated procedures become effective upon the board’s review and approval. In cases of any inconsistencies, the company’s Articles of Association and relevant laws and regulations prevail.