SHSTC(SH:600620) Zheng Quan Zhi Xing·2025-05-29 08:19Group 1 - The company held the 10th meeting of the 11th Supervisory Board via communication, with all procedures complying with relevant laws and regulations [1][2] - The Supervisory Board approved a proposal to amend the company's articles of association, which will eliminate the Supervisory Board and transfer its powers to the Audit Committee of the Board of Directors [2][3] - The proposal requires a special resolution to be passed by more than two-thirds of the voting rights at the shareholders' meeting [2][3] Group 2 - The company is revising its governance structure in accordance with the new Company Law effective from July 1, 2024, and related regulations issued by the China Securities Regulatory Commission [3][6] - Several governance documents are being consolidated or abolished, including the merger of the original Independent Director Annual Work System into the Independent Director Work System [3][6] - Other governance documents, such as the Audit Committee Annual Work Procedures and External Information User System, are also being merged into relevant management systems [6]