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    Governance system

    Governance system

    Governance system


    Corporate Governance System

    Strategy-oriented modern governance and sustainable development mechanisms

     

    Overview of the Corporate Governance System

    Haosen Precision Casting has established a corporate governance system that is strategy-oriented, clearly defines responsibilities and authorities, and operates efficiently. This system is designed to ensure that major decisions are made scientifically and prudently, that business management proceeds in an orderly manner, and that execution results remain consistently controllable—providing institutional support for the company’s long-term development, stable operations, and the building of its core competitiveness.

     

    Governance Structure and Division of Responsibilities

    The company’s governance system features a clear division of responsibilities and coordinated operations across strategic decision-making, operational management, and implementation. The Board of Directors is responsible for making and overseeing decisions on the company’s development direction and major matters; the management team is tasked with translating strategic objectives into actionable business plans and organizing resources to ensure their effective implementation. Each business unit and functional department assumes clear accountability for achieving specific goals, thereby establishing a top-down, person-specific management loop. Through clearly defined roles and responsibilities and an effective coordination mechanism, we ensure that the strategic direction is well-defined, decision-making processes are transparent, and implementation responsibilities are fully carried out.

     

    Governance and operational mechanism

    Unlike management under a single, uniform system, Haosen places greater emphasis on the operational effectiveness of its governance framework in actual business operations. Through mechanisms such as strategic planning and regular review processes, routine business meetings and decision-making protocols for key matters, project-based approaches and cross-departmental collaboration frameworks, as well as a clear system of delegation and accountability, the company ensures that decisions are efficiently communicated, execution is tightly controlled, issues are promptly identified, and resolved effectively. These operational mechanisms enable the company to maintain stability in a complex and ever-changing business environment while continuously enhancing organizational execution capabilities, collaborative efficiency, and risk-management resilience.

     

    Governance Philosophy and Values

    Haosen’s governance system is not designed for mere formalistic management or simple compliance; rather, it aims to ensure that the right decisions are made consistently, responsibilities are clearly assigned to specific individuals, and the organization can deliver results in a long-term, stable manner. By using governance to underpin strategy and mechanisms to support execution, the company continuously strengthens its organizational foundation for sustainable development, creating long-term, reliable value for customers, partners, and employees.

     

    ESG Governance and Sustainable Development

    Building on its corporate governance framework, Haosen integrates ESG (Environmental, Social, and Governance) principles into both its corporate governance structure and daily business operations. Through institutional development and concrete actions, Haosen promotes steady business performance and sustainable development.