Leedarson IoT(SH:605365) Zheng Quan Zhi Xing·2025-07-23 10:17Core Viewpoint - Lida Xin IoT Technology Co., Ltd. has announced the cancellation of its supervisory board and the revision of its Articles of Association to enhance corporate governance and comply with updated regulations [1][2]. Group 1: Cancellation of Supervisory Board and Revision of Articles of Association - The company has decided to cancel the supervisory board, transferring its responsibilities to the audit committee of the board of directors, in accordance with the latest amendments to relevant laws and regulations [1][2]. - The supervisory board will continue to fulfill its duties until the shareholders' meeting approves the cancellation [1][2]. - The company will revise relevant provisions in its Articles of Association to reflect this change, with specific amendments not listed in detail [2][3]. Group 2: Development and Revision of Company Policies - The company is also revising and formulating several internal policies in line with legal requirements and practical circumstances [2][3]. - The specific policies being revised include the rules for shareholders' meetings, board meetings, independent directors' work, management of raised funds, related party transactions, external guarantees, independent director allowances, entrusted financial management, and the selection of accounting firms [3][4]. Group 3: Other Matters - The cancellation of the supervisory board and the revisions to the Articles of Association and internal policies will be submitted for approval at the company's first extraordinary general meeting of shareholders in 2025 [3][4]. - The management team is authorized to handle the necessary filings and related matters following the shareholders' approval [4].