Shanghai Fudan Microelectronics Group Company Limited released an updated version of its Implementation Rules for the Remuneration and Evaluation Committee of the Board. The document, dated October 2025, establishes a framework to further strengthen corporate governance, refining the system for assessing and compensating directors and senior management.

The revised rules specify that the Remuneration and Evaluation Committee shall comprise three directors, with independent directors as the majority. Its responsibilities include formulating performance appraisal standards, reviewing remuneration policies and share incentive schemes, and conducting periodic assessments of directors and senior management. The committee is also tasked with supervising the implementation of the remuneration system and may appoint third-party professionals to assist with evaluations.

The document details procedural requirements, including that meetings must be held at least once a year. Proposals passed by the Remuneration and Evaluation Committee are to be reported in writing to the Board for final consideration. Committee members must abstain from discussions and voting on matters where they have a direct interest. The revised rules take effect after approval by the Board and will be interpreted or amended according to relevant laws, regulations, and the Articles of Association.