GUOTONG PP(SH:600444) Zheng Quan Zhi Xing·2025-05-29 11:07Core Viewpoint - The company, Guojitongyong Machinery Technology Co., Ltd., has decided to expand its business scope and amend its Articles of Association following the completion of the merger with Hefei General Environmental Control Technology Co., Ltd. and the need for business expansion [1][2]. Business Scope Expansion - The company plans to add new business activities to its existing scope, which will be finalized upon approval by the relevant authorities [1]. - The new business scope includes general equipment manufacturing, equipment repair, specialized equipment manufacturing, and various technical services related to environmental protection, among others [6][7]. Amendments to Articles of Association - The company will revise its Articles of Association to comply with the new requirements set forth by the Company Law and other regulatory guidelines, including the removal of the supervisory board [2][3]. - Key amendments include the definition of the legal representative's responsibilities, the rights and obligations of shareholders, and the procedures for shareholder meetings [4][5][6]. Governance and Compliance - The company aims to enhance its governance structure by aligning with the latest regulatory requirements, ensuring that the board of directors will assume the responsibilities previously held by the supervisory board [2][3]. - The revised Articles of Association will provide a legal framework for the company's operations, ensuring compliance with laws and regulations [4][5]. Shareholder Rights and Responsibilities - The amendments clarify the rights of shareholders, including profit distribution, participation in meetings, and the ability to request the company to repurchase shares under certain conditions [19][20]. - Shareholders are required to adhere to legal obligations and cannot abuse their rights to harm the company or other shareholders [27][28].