IVO continuously improves its corporate governance structure, forming a top-down management system led by the board of directors, covering all levels, with clear division of labor, clear rights and responsibilities, strict compliance with relevant laws and regulations, and standardized operation in accordance with the law.
The Shareholders' Meeting, composed of all shareholders of the company, is the highest authority ofthe company. It exercises its powers within the scope stipulated by the "Company Law of the People's Republic of China" and the "Articles of Association of InfoVision Optoelectronics(Kunshan)Co.,Ltd.". An annual Shareholders' Meeting is held every year, and extraordinary Shareholders' Meetings are convened as needed.
The Board of Directors is the decision-making body responsible for the company's management and operation. It executes the resolutions of the Shareholders' Meeting, formulates the company's basic management system, hires senior management of the company, and decides on important corporate matters within the authority delegated by the Shareholders' Meeting. The Board of Directors has four committees(Strategy and Development Committee, Nomination Committee, Audit Committee, and Remuneration and Assessment Committee).
The Board of Supervisors is responsible to all shareholders. It supervises the legality and compliance of the company's financial management as well as the duties performed by the company's directors, general managerand other senior management personnel, safeguarding the legal rights and interests of the company and its shareholders.
