Wuhan Dazhong Dental Medical Co., Ltd. released details outlining the updated Terms of Reference for its Remuneration Committee, which serves as a specialized working organ under the Board of Directors. The committee is responsible for formulating appraisal standards for directors and senior management, setting up and reviewing the Company’s remuneration policies, and making recommendations on remuneration packages.

The document specifies that the Remuneration Committee must comprise at least three directors, with a majority being independent non-executive directors. An independent non-executive director chairs the committee. The committee reviews management’s remuneration proposals, ensures that no director participates in determining their own compensation, and implements transparent procedures for remuneration determination.

The newly released Terms of Reference cover the committee’s composition, duties, authorities, and working procedures. They clarify that the committee is expected to hold at least one meeting every year, with additional meetings convened when circumstances require. Any resolutions and remuneration plans proposed must be reported to the Board and must not prejudice shareholder interests. These Terms of Reference take effect upon the Board’s approval and will be revised if they conflict with any applicable laws, regulations, or listing requirements.