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Rights that the general manager of a futures exchange can exercise.
Rights that the general manager of a futures exchange may exercise:

1, organizing the implementation of rules and resolutions adopted by the General Assembly and the Council;

2. Preside over the daily work of the futures exchange;

3. Formulate relevant rules and measures according to the articles of association and trading rules;

4. Formulate and implement the approved development rules and annual work plans of futures exchanges;

5. To formulate the financial budget plan and final accounts report of the futures exchange;

6. To draft the liquidation plan for the merger, division and dissolution of the futures exchange;

7. Draw up the change plan of the futures exchange;

8. Decide on the institutional setup plan of the futures exchange, and appoint and remove staff;

9. Decide on the salaries, rewards and punishments of the staff of the futures exchange.

Futures trading has 1 general manager and several deputy general managers. The general manager and deputy general manager shall be appointed and removed by the China Securities Regulatory Commission. The term of office of the general manager is 3 years, and the re-election shall not exceed two terms.

The general manager is the legal representative of the futures exchange, and the general manager shall be a director.

The general manager shall exercise the following functions and powers:

(1) Organizing the implementation of the systems and resolutions adopted by the shareholders' meeting and the board of directors;

(two) the functions and powers stipulated in Article 34 (two) to (twelve);

(3) Other functions and powers stipulated in the articles of association of the futures exchange or granted by the board of directors.

When the general manager is temporarily unable to exercise his functions and powers, the deputy general manager designated by the general manager shall exercise his functions and powers on his behalf.