At the beginning of the New Year, Professor Guo Yong, director of the Department of Forest Products Industry at Anhui Agricultural University, has been busy. In February, he will drive to Guofeng New Green Building Materials Industrial Park from time to time to investigate and guide the development of new wood plastic materials and new products and industrial development of enterprises.

As a member of the Wood Science Branch of the Chinese Society of Forestry, a member of the natural fiber composite materials Professional committee of the Chinese Society of Composite Materials, and a member of the Furniture and integrated household branch of the Chinese Society of Forestry, from last year, Professor Guo Yong, an expert in the processing and utilization of biomass materials, has gained a double identity -- the external director of Anhui Guofeng Wood Plastic Technology Co., LTD.

Outside directors open an "outside perspective"

External directors have strong professional knowledge and management experience, and can often put forward forward-looking and guiding opinions on the transformation and upgrading of national style and new materials, innovation-driven, high-quality development, and the implementation of the three-year action plan for the reform of state-owned enterprises. Professor Guo Yong often comes to the front line of enterprises to give advice and suggestions for the development of enterprises, and carry out in-depth cooperation between production, university, research and application to jointly promote the technological progress and industrial development of China's wood plastic new material industry.

Nowadays, the subsidiaries of Anhui Guofeng New Materials Co., Ltd. employ external directors with strong professional ability, rich practical experience and in line with the needs of the enterprise to provide professional advice for the development of the enterprise through a strong "external perspective". This has also become an important measure for Guofeng Xincai to deepen the implementation of the three-year action plan of state-owned enterprise reform and continue to promote the construction of high-level board of directors.

In terms of the structure of the board of directors, the size and composition of the board of directors should be determined scientifically and reasonably, and the majority of external directors should be realized. In addition to Guofeng Wood Plastic, the subsidiary Hefei Guofeng Advanced Basic Material Technology Co., Ltd. hired doctors from Central South University and polyimide material experts from Hunan University of Technology, and the subsidiary Wuhu Guofeng Plastic Technology Co., Ltd. hired executives from auto parts companies as its external directors.

"Dingpan star" system planning strategy development

Supplement the external blood to optimize the structure of the board of directors, this action gives full play to the institutional role of the external directors, effectively improve the performance of the board of directors and scientific decision-making level, effectively avoid the "form to God" problem, so that the board of Guofeng new material "strategy, decision-making, risk prevention" function has been fully played, the board of directors of major decisions more scientific and independent.

According to the introduction, Guofeng new material attaches great importance to the construction of corporate governance structure, the company and its five subsidiaries 100% established the board of directors, should be built to achieve.

The board of directors of the company consists of four special committees, namely, the Strategy committee, the nomination committee, the compensation and evaluation committee and the audit committee, all of which are dominated by outside directors. Based on their professional experience, work experience and research, external directors actively offer suggestions for enterprise reform, industrial development and corporate governance structure construction, plan for planning and provide services for enterprises to become stronger, better and bigger.

Jianqiang Jianyou Board of directors, Guofeng New material is committed to the strategic new material business, is going all out towards the grand goal - strive to be a world-class new material enterprise with global competitiveness! (Yang Ying-lin, Securities Department)