Answer: B, C, D

Responsibilities of the Board of Directors The Regulations on the Administration of Foundations clearly stipulates that the Board of Directors shall meet at least twice a year. The meeting of the board of directors can only be held when more than 2/3 directors are present; The resolution of the board of directors shall be valid only if it is approved by more than half of the directors present. However, the resolutions on the following important issues shall be valid only if they are voted by the directors present and passed by more than two thirds:

(1) Amendment of the Articles of Association.

(2) to elect or recall the chairman, vice-chairman and secretary-general.

(3) major fund-raising and investment activities stipulated in the articles of association.

(4) Division and merger of foundations.