Rights of Shareholders
Rights of Shareholders
“ Our Principles ”
The Board of Directors recognizes the rights of shareholders as prescribed by law and encourages shareholders to exercise their rights in accordance with the law. The Board will not take any action that infringes or violates the rights of shareholders.
Our Guidelines
- Oversee that all shareholders have the basic rights as prescribed by law, such as the right to receive equal share of the company's profits, the right to receive adequate information of the company within a timely manner, etc. This includes facilitating and promoting shareholders, especially institutional investors, to participate in the meeting to exercise their voting rights at the shareholders' meeting.
- Oversee that the board of directors does not hold shares in aggregate exceeding 25% of the total number of issued and outstanding shares of the company.
- Promote the maintenance of a free float ratio of at least 15% of the total number of issued and outstanding shares of the company.
- Not to prevent or create obstacles to providing opportunities for shareholders to communicate with each other.
- The Company will use its best efforts to ensure that any shareholders' agreement entered into between shareholders does not have a material adverse effect on the Company or any other shareholder.
- The Company shall refrain from any actions that restrict shareholders' access to publicly disclosed information of the Company.