The nomination method of directors is generally stipulated in the articles of association or related measures. The procedures for selecting and appointing directors should be standardized to ensure fairness, impartiality and independence. The listed company will require the director candidates to make a written commitment before the shareholders' meeting, agree to accept the nomination, promise to disclose the true and complete information of the director candidates, and ensure that they will earnestly perform their duties as directors after being elected.
Where a director fails to be re-elected in time upon the expiration of his term of office, or a director resigns during his term of office, resulting in a quorum of board members, the original director shall still perform his duties as a director in accordance with laws, administrative regulations and the Articles of Association before the re-elected director takes office.
Legal basis: Article 110 of the Company Law of People's Republic of China (PRC) stipulates that the board of directors shall hold at least two meetings every year, and all directors and supervisors shall be notified ten days before each meeting. Shareholders representing more than one-tenth of the voting rights, more than one-third of the directors or the board of supervisors may propose to convene an interim meeting of the board of directors. The chairman shall convene and preside over the board meeting within ten days after receiving the proposal. When the board of directors holds an interim meeting, it may separately determine the notification method and time limit for convening the board of directors.