Shouyao Holdings(SH:688197) Zheng Quan Zhi Xing·2025-08-27 10:06Core Viewpoint - Shouyao Holdings (Beijing) Co., Ltd. is undergoing significant corporate governance changes, including a change of registered address, the cancellation of the supervisory board, and amendments to the Articles of Association to align with updated regulations and improve governance structure [1][2][3]. Group 1: Change of Registered Address - The registered address of Shouyao Holdings is changing from "No. 10 Ronghua Middle Road, Beijing Economic and Technological Development Zone, Building 1, A Seat, 22nd Floor, Room 2205" to "No. 10 Ronghua Middle Road, Beijing Economic and Technological Development Zone, Building 1, 19th Floor, Unit 2202-2" [1]. Group 2: Cancellation of Supervisory Board - The company will no longer have a supervisory board, with the audit committee of the board of directors assuming the supervisory functions as per the latest revisions of the Company Law and related regulations [1][2]. - The current supervisory board members will continue their roles until the first extraordinary general meeting of shareholders in 2025, where the cancellation will be formally approved [2]. Group 3: Amendments to Articles of Association - The Articles of Association will be systematically revised to enhance the governance structure, including the removal of references to the supervisory board and the introduction of terms related to the audit committee [1][2]. - Key changes include the unification of terms from "shareholders' meeting" to "shareholders' assembly" and the removal of all references to "supervisors" and "supervisory board" [2]. - The revised Articles of Association will be disclosed on the Shanghai Stock Exchange website [2]. Group 4: Authorization for Changes - The board of directors will seek authorization from the shareholders' meeting to allow management to handle the necessary business registration changes and amendments to the Articles of Association [3].