New Measures to Improve Corporate Governance at Shenzhen Weiket Electronics Technology Co., Ltd.
Establishment of the Staff Representative Assembly, and the New Board of Directors and Supervisory Board
Shenzhen Weiket Electronics Technology Co., Ltd. (hereinafter referred to as "Weiket Company") self-examines issues in corporate governance regarding the allocation of powers , to protect employee rights, the Staff Representative Assembly was established. The Board of Directors and Supervisory Board were successively established in accordance with the relevant procedures of the Company Law.
In mid-July 2023, Weiket Company established the Staff Representative Assembly based on principles of democracy and openness. After a legal public notice period, Weiket Company held the first meeting of the first Staff (Representative) Assembly in the conference room of its factory in the Shenshan Special Cooperation Zone, with 30 employee representatives attending. Under the chairmanship of Compliance Officer Huang Xiujuan, the employee representatives of the first Supervisory Board were elected by vote.
Weiket Company held a shareholders' meeting to establish the Compliance Management Committee and reviewed and approved the company's "Board Meeting Rules" and "Compliance Management Measures." The company's first Board of Directors and Supervisory Board were formed.
The first meeting of the first Board of Directors was held in the conference room of Weiket Company's factory in the Shenshan Special Cooperation Zone. The meeting was chaired by Chairman Hao Ming, attended by board members. The meeting decided to establish the company's Compliance Management Committee and reviewed and approved multiple recently formulated company regulations.
Weiket Company held the first meeting of the first Supervisory Board in the conference room of its factory in the Shenshan Special Cooperation Zone.
Weiket Company is committed to forming a scientific, efficient, and balanced management effectiveness, creating a compliance internal control mechanism where various functional departments perform their duties, bear their responsibilities, mutually restrain, and coordinate with each other. The company focuses on top-level design to ensure checks and balances of power and major matters decision-making is to legal and compliant with the Board of Directors and Compliance Management Committee cooperating and brainstorming together, supervised by the Supervisory Board, ensuring effective coordination of company management work.