山东太阳纸业拟修订《公司章程》，多项条款调整引关注

Core Points - Shandong Sun Paper Industry Co., Ltd. announced a series of amendments to its Articles of Association to enhance corporate governance and adapt to development needs [1] Significant Changes in Core Provisions - The amendments clarify that the chairman of the board will serve as the legal representative of the company, and resignation from the chairman position will also terminate the legal representative role, with a new representative to be appointed within 30 days [2] - Shareholders holding more than 3% of shares for over 180 days can access the company's accounting records, but the company can refuse access if it believes the request is for improper purposes [2] Adjustments in Decision-Making Procedures and Authority - Changes in capital increase methods include adjusting "public issuance of shares" to "issuance of shares to unspecified objects" and "non-public issuance of shares" to "issuance of shares to specific objects" [3] - The company can provide financial assistance for acquiring shares, excluding employee stock ownership plans, with a cap of 10% of the total issued capital, requiring a two-thirds majority approval from the board [3] Optimization of Governance Structure - The board will consist of 9 members, including 1 chairman, 3 independent directors, and 1 employee representative director, with new provisions for independent directors' responsibilities and powers [4] - An audit committee will be established to exercise the powers of the supervisory board, responsible for reviewing important financial information [4] Other Important Amendments - The profit distribution policy requires board approval before submission to the shareholders' meeting, needing a two-thirds majority of voting rights for approval [5] - New provisions regarding mergers, divisions, capital increases, reductions, and liquidation have been added, allowing certain decisions without shareholder meeting approval if they do not exceed 10% of the company's net assets [5] - The amendments are significant for adapting to market changes and the company's strategic development, positively impacting future governance and operations [5]