LANCY(SZ:002612) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-08-01 23:14Group 1 - The company held its 32nd meeting of the fifth board of directors on August 1, 2025, with all five directors present, and the meeting was deemed legal and effective [2][5]. - The board approved the revision of the company's articles of association and its attachments to comply with the latest laws and regulations, including the revised Company Law and Stock Listing Rules [3][15]. - The company will no longer have a supervisory board, and its functions will be transferred to the audit committee of the board [4][16]. Group 2 - The board also approved the revision of fifteen basic management systems, including the Independent Director System and External Guarantee Management System, to align with the updated regulations [6][14]. - A temporary shareholders' meeting is scheduled for August 18, 2025, to discuss the approved revisions [9][10]. - The company will continue to operate under the current supervisory board until the shareholders' meeting approves the proposed changes [4][16].