R&Y(SH:603286) Zheng Quan Zhi Xing·2025-07-14 09:10Company Changes - The company has relocated its registered office from Wujin District, Hengshanqiao, Fangmao Village to Changzhou Economic Development Zone, Luhong Road 2788 [1] - The registered capital has increased from 116,591,931 shares to 117,423,931 shares due to stock incentive plans and share repurchases [2][3] Capital Changes - The company granted 425,000 shares of restricted stock to 31 incentive recipients as part of the 2024 stock incentive plan, which was completed on May 15, 2025 [1] - The company also approved the first exercise of stock options under the 2024 incentive plan, resulting in 432,000 shares being listed for circulation on June 6, 2025 [1] - A total of 25,000 shares were repurchased and canceled due to one incentive recipient's departure, reducing the registered capital from 117,448,931 shares to 117,423,931 shares [1] Governance Changes - The company plans to abolish the supervisory board, transferring its powers to the audit committee of the board of directors, and will revise the company’s articles of association accordingly [2] - The revised articles of association will be submitted for approval at the company's third extraordinary general meeting of shareholders in 2025 [2][3] Regulatory Compliance - The company intends to develop, revise, and abolish certain internal regulations to align with the latest laws and regulations, including the Company Law of the People's Republic of China and the Shanghai Stock Exchange listing rules [2]