Zheng Quan Zhi Xing·2025-08-22 16:29Core Viewpoint - China Eastern Airlines is holding its second extraordinary general meeting of shareholders in 2025 to discuss several key proposals, including amendments to the company's articles of association and rules for shareholder meetings, as well as adjustments to related party transactions and governance structures [2][3][4]. Group 1: Meeting Details - The meeting is scheduled for August 29, 2025, at 14:00 Beijing time, at the Eastern Airlines Hotel in Shanghai, combining on-site and online voting methods [3]. - The agenda includes the announcement of the meeting, reading of proposals, shareholder speeches, and voting results [3]. Group 2: Proposed Amendments - Proposal One involves revising the company's articles of association to align with the revised Company Law of the People's Republic of China, including the removal of the supervisory board and the enhancement of minority shareholder rights [4][5]. - Proposal Two focuses on amending the rules for shareholder meetings to reflect changes in the articles of association, including the deletion of certain supervisory roles [5][6]. - Proposal Three addresses revisions to the rules governing board meetings, including the authority to decide on annual financial budgets and bond issuance [6][7]. Group 3: Governance Structure Changes - Proposal Four suggests the abolition of the supervisory board and the corresponding rules, transferring its responsibilities to the audit and risk management committee [7][8]. - Proposal Five proposes adjustments to the daily related party transactions concerning aircraft and engine leasing, with a cap of RMB 1.8 billion for sales and USD 4.6 billion for leasing [9][10]. - Proposal Six outlines the need for a review of related party transactions for the years 2026 to 2028, detailing nine specific projects for shareholder approval [11].