BYD Company Limited released the detailed content of the 'Independent Director System' on October 18, 2024, aiming to further improve the company's governance structure, promote standardized operations, and ensure that independent directors can fulfill their duties. The system is formulated based on relevant Chinese laws and regulations and the Listing Rules of The Stock Exchange of Hong Kong Limited. The system clearly outlines the qualifications, responsibilities, election and replacement procedures of independent directors, as well as the authority, obligations, and performance protection of independent directors. Independent directors must have a certain degree of independence, not be influenced by the company's major shareholders or actual controllers, and should include at least one accounting professional. The company's board of directors includes executive director Mr. Wang Chuanfu, non-executive directors Mr. Lu Xiangyang and Mr. Xia Zuoquan, as well as independent non-executive directors Mr. Cai Hongping, Mr. Zhang Min, and Ms. Yu Ling.

BYD Company Limited released the detailed content of the 'Independent Director System' on October 18, 2024, aiming to further improve the company's governance structure, promote standardized operations, and ensure that independent directors can fulfill their duties. The system is formulated based on relevant Chinese laws and regulations and the Listing Rules of The Stock Exchange of Hong Kong Limited. The system clearly outlines the qualifications, responsibilities, election and replacement procedures of independent directors, as well as the authority, obligations, and performance protection of independent directors. Independent directors must have a certain degree of independence, not be influenced by the company's major shareholders or actual controllers, and should include at least one accounting professional. The company's board of directors includes executive director Mr. Wang Chuanfu, non-executive directors Mr. Lu Xiangyang and Mr. Xia Zuoquan, as well as independent non-executive directors Mr. Cai Hongping, Mr. Zhang Min, and Ms. Yu Ling.