Core Viewpoint - Wuhan East Lake High-tech Group Co., Ltd. has decided to abolish its supervisory board and amend its articles of association to enhance internal governance and compliance with regulatory requirements [1][2]. Summary by Sections Cancellation of Supervisory Board - The company will no longer have a supervisory board, with the audit committee of the board of directors assuming the responsibilities previously held by the supervisory board [1][2]. - The current members of the supervisory board, including Chairman Xiao Yi and supervisors Xu Wen and Dong Bin, will have their positions automatically terminated [2]. Amendments to Articles of Association - The amendments to the articles of association are aimed at aligning with regulatory requirements and the company's operational needs [2]. - Specific changes include: - The first article will now mention the protection of the rights of employees in addition to shareholders and creditors [3]. - The legal representative of the company will be the chairman of the board, and the process for appointing a new legal representative will be clarified [3]. - The definition of senior management will be updated to include the general manager and other key positions [3]. Governance and Compliance - The company emphasizes the importance of maintaining effective governance structures to ensure compliance with laws and regulations [2][3]. - The supervisory board's responsibilities will be transitioned to the audit committee, which is expected to enhance oversight and accountability [1][2].
东湖高新: 关于取消监事会并修订《武汉东湖高新集团股份有限公司章程》的公告