SHCD(SH:603887) Zheng Quan Zhi Xing·2025-05-30 10:19Core Viewpoint - The company, Shanghai Chengdi Xiangjiang Data Technology Co., Ltd., plans to cancel its supervisory board, change its registered capital, and amend its articles of association to enhance corporate governance and comply with legal requirements [2][3]. Group 1: Corporate Governance Changes - The company will abolish the supervisory board and its meeting rules to streamline operations and improve governance [2]. - The company has completed the conversion of its convertible bonds, resulting in an increase in shares [2]. - The company will repurchase and cancel shares that did not meet the performance assessment criteria for the restricted stock incentive plan [2]. Group 2: Articles of Association Amendments - The articles of association will be revised to reflect the changes in governance structure and to protect the rights of shareholders, employees, and creditors [2][3]. - The registered capital of the company remains unchanged at RMB 100 million [3]. - The legal representative of the company will now be the chairman or president, with provisions for timely appointment of a new representative if the current one resigns [3][4]. Group 3: Shareholder Rights and Obligations - Shareholders will retain rights to dividends and other benefits proportional to their shareholdings [36]. - The company will ensure that shareholders can supervise operations and participate in decision-making processes [36]. - Shareholders are obligated to comply with laws and regulations and cannot withdraw their capital except as legally permitted [41].