逾千家上市公司取消“监事会”，新《公司法》下审委会行使职权

Core Viewpoint - Numerous listed companies, including Guoli Co. and New Classic, have recently announced the cancellation of their supervisory boards, reflecting a significant shift in corporate governance practices in response to new legal frameworks [1] Group 1: Corporate Governance Changes - Over 1,000 listed companies have announced the cancellation of their supervisory boards since March 2025, with more than 600 companies explicitly modifying their articles of association to reflect this change [1] - The adjustment is aimed at optimizing corporate governance structures and reducing management costs [1] - The new Company Law allows companies to establish an audit committee composed of directors, which can assume the supervisory functions previously held by the supervisory board [1] Group 2: Regulatory Framework - In March of this year, the China Securities Regulatory Commission revised and abolished certain regulations and normative documents related to the new Company Law [1] - Listed companies are required to clearly establish an audit committee in their articles of association by January 1, 2026, and grant it the supervisory powers previously held by the supervisory board [1]