CCCCDC(SH:600720) Zheng Quan Zhi Xing·2025-05-30 11:21Core Viewpoint - The company has decided to abolish the supervisory board and amend its articles of association and related procedural rules in accordance with the new Company Law and relevant regulations [1][2]. Group 1: Abolishment of Supervisory Board - The supervisory board will be abolished, and its functions will be transferred to the audit committee of the board of directors [1]. - The relevant rules and regulations pertaining to the supervisory board will be nullified [1]. Group 2: Amendments to Articles of Association - The company will revise certain clauses of its articles of association to align with the new Company Law and related guidelines, including adjustments in punctuation and wording [2]. - The term "shareholders' meeting" will be changed to "shareholders' assembly," and references to "supervisors" will be removed [2]. Group 3: Amendments to Attachments - The company will also amend the attachment rules, including renaming the "Shareholders' Meeting Rules" to "Shareholders' Assembly Rules" [2]. - The rules for the board of directors will be updated in conjunction with the amendments to the articles of association [2]. Group 4: Other Matters - The amendments to the articles of association and attachments will be submitted for approval at the 2024 annual shareholders' meeting [2]. - The management team will be authorized to handle the necessary business registration and documentation changes following the shareholders' approval [2].