Luxshare Precision Industry Co., Ltd. has published the “Terms of Reference for the Strategic Committee of the Board,” laying out detailed governance rules that will take effect upon the company’s forthcoming H-share listing on The Stock Exchange of Hong Kong Limited.

The document formalises the creation of a standing Strategic Committee under the Board of Directors, tasked with reviewing and advising on the group’s long-term positioning, development plans and major investment or financing decisions. Key provisions include:

• Committee Structure: The Committee will consist of three directors. Members are nominated by either the Board chair, at least 50% of independent directors, or one-third of all directors, and are elected by a Board majority. A chairperson is chosen by majority vote among Committee members.

• Member Tenure and Qualifications: Each member’s term mirrors the Board’s tenure, with eligibility for re-election. Members must demonstrate knowledge of relevant PRC laws, deep familiarity with the company’s operations and strong analytical capabilities.

• Core Responsibilities: ‑ Formulate recommendations on long-term development plans, business goals and corporate strategies, including product, market, R&D and talent strategies. ‑ Evaluate major investment and financing proposals, capital and asset operations requiring Board approval. ‑ Monitor implementation of strategic projects and periodically report findings to the Board.

• Meeting Procedures: A quorum of two-thirds of members is required. Meetings may be held on-site or via electronic means, with written minutes retained for ten years. Resolutions pass with a simple majority of all members.

• Budget and Support: Committee expenses, including external advisory fees, will be covered by the company and incorporated into its annual budget.

The guidelines underscore Luxshare Precision’s commitment to a structured, transparent decision-making process as it prepares for its Hong Kong listing, dated July 8, 2026.