
Group 1 - China Everbright Bank announced the decision to abolish its supervisory board, which will be submitted for approval at the shareholders' meeting [1] - Changsha Bank also approved the proposal to eliminate its supervisory board during its 2024 annual shareholders' meeting [1] - The revised Company Law of the People's Republic of China allows joint-stock companies to establish an audit committee composed of directors, exercising the powers of a supervisory board [1] Group 2 - Industrial and Commercial Bank of China approved the new articles of association and the proposal to abolish its supervisory board [2] - Agricultural Bank of China also passed the resolution to not establish a supervisory board [2] - China Bank's board approved the proposal to submit the abolition of its supervisory board to the shareholders' meeting [2] - China Construction Bank's board approved the proposal to abolish its supervisory board [2] - Transportation Bank's board also approved the proposal to eliminate its supervisory board, which will be submitted for shareholder approval [2] - China Merchants Bank's board approved the proposal to abolish its supervisory board, effective after shareholder approval and regulatory approval [2] - Huaxia Bank's board approved the proposal to abolish its supervisory board [2]