Neway CNC(SH:688697) Zheng Quan Zhi Xing·2025-07-21 09:17Core Viewpoint - Niuwei CNC Equipment (Suzhou) Co., Ltd. has announced the cancellation of its supervisory board, changes to its registered capital, and amendments to its articles of association, aiming to enhance corporate governance and operational efficiency [1][2]. Group 1: Cancellation of Supervisory Board - The company will no longer establish a supervisory board, with its functions being transferred to the audit committee of the board of directors [1]. - Relevant internal regulations related to the supervisory board will be abolished [1]. Group 2: Changes in Registered Capital - Following the completion of the 2024 annual equity distribution, the company's total share capital has increased to 457,333,380 yuan [1]. - The articles of association will be amended to reflect this change in registered capital [1]. Group 3: Amendments to Articles of Association - The company has revised its articles of association in accordance with the Company Law and other relevant regulations, with specific changes detailed in an attached comparison table [2]. - Other provisions in the articles of association remain unchanged, and the revised content will be disclosed on the Shanghai Stock Exchange website [2]. Group 4: Governance System Revisions - To improve corporate governance and protect the rights of shareholders and investors, the company plans to revise and establish several governance systems [2]. - The proposed revisions have been approved by the board of directors and will be submitted for shareholder approval [5].