Suzhou Rural Commercial Bank(SH:603323) Zheng Quan Zhi Xing·2025-06-30 16:33Core Viewpoint - Jiangsu Suzhou Rural Commercial Bank Co., Ltd. is holding a shareholders' meeting to discuss several key resolutions, including the election of an independent director and changes to the governance structure, specifically the proposal to abolish the supervisory board and transfer its responsibilities to the audit committee of the board of directors [1][4][6]. Group 1: Shareholders' Meeting Procedures - The meeting will take place on July 8, 2025, at 14:30 in Suzhou, Jiangsu Province [1]. - Shareholders have the right to vote, speak, and inquire during the meeting, with specific guidelines for participation and time limits for speaking [2][3]. - Voting will be conducted both on-site and online, with each share carrying one vote [2][3]. Group 2: Proposed Resolutions - The first resolution proposes the abolition of the supervisory board, with its functions to be assumed by the audit committee of the board of directors [4][5]. - The second resolution involves changing the registered capital from RMB 1,803,061,543 to RMB 2,018,541,437 due to the conversion of convertible bonds and capital reserve distribution [5][6]. - The third resolution seeks to amend the company's articles of association to reflect the governance changes and other regulatory requirements [6][7]. Group 3: Governance Structure Changes - The proposed changes to the articles of association include the elimination of the supervisory board, adjustments to the powers of the shareholders' meeting and board of directors, and the introduction of employee directors [6][7]. - The new governance structure aims to enhance operational efficiency and align with regulatory standards [6][7].