Suzhou Longjie(SH:603332) Zheng Quan Zhi Xing·2025-07-13 16:09Core Viewpoint - Suzhou Longjie Special Fiber Co., Ltd. is canceling its supervisory board and revising its articles of association to enhance corporate governance in compliance with new regulations effective from July 1, 2024 [1][2]. Group 1: Cancellation of Supervisory Board - The company will no longer have a supervisory board, with the audit committee of the board taking over its responsibilities [1]. - The decision aligns with the requirements of the new Company Law and related regulations [1]. Group 2: Revision of Articles of Association - The articles of association will be amended to reflect the removal of references to the supervisory board and to update terminology, such as changing "shareholders' meeting" to "shareholders' assembly" [2]. - Specific articles regarding the legal representative and responsibilities of the board members will be revised to ensure clarity and compliance with the new regulations [2][3]. - The amendments will also include provisions for the establishment of a Communist Party organization within the company [2]. Group 3: Corporate Governance Enhancements - The revisions aim to improve the governance structure and operational compliance of the company as a listed entity [2]. - The company will ensure that all changes are legally binding and enforceable, providing a clear framework for the rights and obligations of shareholders and management [6][16].