广誉远: 广誉远中药股份有限公司关于取消监事会暨修订《公司章程》及相关制度的公告

Core Viewpoint - Guangyuyuan Traditional Chinese Medicine Co., Ltd. plans to cancel its supervisory board and amend its articles of association to enhance corporate governance and comply with the new Company Law [1][2]. Summary by Sections Cancellation of Supervisory Board and Amendments to Articles of Association - The company’s board of directors unanimously approved the proposal to cancel the supervisory board, transferring its powers to the audit committee of the board [1]. - The amendments to the articles of association and related rules include changes to the shareholder meeting rules, board meeting rules, independent director system, and cash dividend management system [1][2]. Details of Amendments - The amendments aim to improve the operational standards of the company and align with the guidelines for listed companies [1]. - Specific changes include the definition of the legal representative, responsibilities of the board, and the rights and obligations of shareholders [2][3][5]. Shareholder Meeting Procedures - The proposal requires approval from the shareholders' meeting, and until then, the current supervisory board will continue its duties [2]. - The revised articles will enhance the clarity of shareholder rights and the procedures for convening meetings [2][10]. Financial and Operational Governance - The amendments also address the management of financial assistance and the conditions under which the company can provide guarantees [5][23]. - The company will ensure that any financial assistance provided does not exceed 10% of the total issued share capital [5][23]. Compliance and Legal Framework - The company emphasizes adherence to legal requirements and the importance of transparency in its operations [1][10]. - The amendments include provisions for the handling of disputes regarding the validity of board and shareholder resolutions [10][11].