BAMC(SH:601137) Zheng Quan Zhi Xing·2025-08-18 16:20Core Viewpoint - Ningbo Bowei Alloy Materials Co., Ltd. has announced the cancellation of its supervisory board, changes to its registered capital, and amendments to its articles of association, reflecting a shift in corporate governance structure and capital management [1][2]. Group 1: Cancellation of Supervisory Board - The company will no longer have a supervisory board, with its functions being transferred to the audit committee of the board of directors [2]. - The existing supervisory board will continue to perform its duties until the shareholders' meeting approves the cancellation [2]. Group 2: Change in Registered Capital - The registered capital will decrease from RMB 810,374,302 to RMB 810,094,302 due to the repurchase and cancellation of 280,000 restricted shares from a former executive [2][3]. - The total share capital will also be adjusted accordingly, reflecting the reduction in registered capital [3]. Group 3: Amendments to Articles of Association - The articles of association will be revised to align with the changes in corporate governance and registered capital [2]. - Key amendments include the definition of the company's legal representative and the rights and obligations of shareholders [4][5]. - The revised articles will ensure that the company operates in compliance with the Company Law and Securities Law, enhancing the protection of shareholders' rights [6][7].