Zheng Quan Zhi Xing·2025-07-22 16:16Core Viewpoint - China Shipbuilding Defense Company is revising its articles of association, shareholder meeting rules, and board meeting rules, while also abolishing the supervisory board in compliance with the new Company Law effective from July 1, 2024 [1][2]. Group 1: Amendments Overview - The main amendments include the removal of the supervisory board and related provisions, transferring its powers to the audit committee [2]. - The board structure will be adjusted to include employee directors [2]. - Certain powers of the shareholder meeting and board will be modified [2]. - Other content will be supplemented or improved based on the latest laws and regulations [2]. Group 2: Approval Process - The proposed amendments have been approved by the board of directors and will be submitted for approval at the third extraordinary general meeting of shareholders in 2025 [2]. Group 3: Attachments - The announcement includes comparative tables for the amendments to the articles of association, shareholder meeting rules, and board meeting rules as attachments [2].