Wondertek(SH:603189) Shang Hai Zheng Quan Bao·2025-08-28 22:30Group 1: Cash Management Announcement - The company plans to utilize part of its idle self-owned funds for cash management by purchasing low-risk financial products to enhance fund efficiency and protect shareholder interests [3][4]. - The board approved the use of up to RMB 300 million for this purpose, allowing for rolling use of funds within a twelve-month period [5]. - The investment aims to achieve capital preservation and appreciation without affecting the company's normal operations [3]. Group 2: Cancellation of Supervisory Board - The company has decided to cancel its supervisory board and transfer its responsibilities to the audit committee in compliance with new regulations effective January 1, 2026 [11][12]. - The current supervisors will be relieved of their duties once the shareholders' meeting approves the cancellation [11]. - The company will continue to adhere to legal and regulatory requirements until the cancellation is formally approved [11]. Group 3: Amendments to Articles of Association - The company plans to amend its articles of association to reflect the cancellation of the supervisory board and to clarify the roles of controlling shareholders, independent directors, and board committees [13]. - The amendments require approval from shareholders, with a two-thirds majority needed for passage [13]. - The revised articles will be disclosed on the Shanghai Stock Exchange website [14].