Company: SCAG
Filing Date: 2025-11-12
Form Type: 20-F
Source: 0001213900-25-109190
Chunk: 131

Company: Scage Future
Filing Date: 2025-11-12
Form: 20-F
Item: Item 6
Chunk 131
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of Mr. Kevin Chen of Mr. Qiuliang Peng is “independent” in accordance with applicable law, including the rules of Nasdaq
and the more rigorous SEC independence requirements for audit committee members set forth in Rule 10A-3 under the Exchange Act, as determined
by the Board after consideration of all factors determined to be relevant rules and regulations of Nasdaq and the SEC. Each member of
the audit committee can read and understand fundamental financial statements in accordance with Nasdaq audit committee requirements.

Mr. Qiuliang Peng serves
as chairman of the audit committee. Each member of the audit committee meets the financial literacy requirements of Nasdaq listing standards,
and our board of directors has determined that Mr. Kevin Chen qualifies as an “audit committee financial expert” as defined
in applicable SEC rules.

The purpose of the audit
committee will be to assist our board of directors in overseeing and monitoring:

  the quality and integrity of  

  internal control over financial                    

  our compliance with legal and  

  our independent registered                                 

  the performance of our internal  

  the performance of our independent  

Compensation Committee

We have established a compensation
committee of the board of directors. Mr. Kevin Chen, Mr. Qiuliang Peng and Mr. Chao Gao serve as members of our compensation committee.
Each of Mr. Kevin Chen and Mr. Qiuliang Peng is independent. Mr. Chao Gao serves as chair of the compensation committee.

The purpose of the compensation
committee is to assist our board of directors in discharging its responsibilities relating to:

  reviewing and approving our                                                     

  monitoring our incentive and      

  preparing the compensation                                    

  reviewing and evaluating on                                         

  recommending such changes as      
  deemed necessary with the Board.  
 ────────────────────────────────────

The composition and function
of compensation committee comply with all applicable requirements of the Sarbanes-Oxley Act, SEC rules and regulations and Nasdaq’s
listing rules, and also future requirements to the extent they become applicable to our Company.

Nomination and Corporate Governance Committee

We have established a nominating
and corporate governance committee of the board of directors. Mr. Kevin Chen, Mr. Qiuliang Peng and Mr. Chao Gao serve on our nominating
and corporate governance committee. Each of Mr. Kevin Chen and Mr. Qiuliang Peng is independent. Mr. Chao Gao serves as chairman of the
nominating and corporate governance committee.

The primary purposes of our