ST信通: 亿阳信通关于取消监事会并修订《公司章程》及相关议事规则和部分规章制度的公告

Summary of Key Points Core Viewpoint The announcement details the cancellation of the supervisory board and the revision of the company's articles of association and related rules to optimize corporate governance and enhance operational standards. Revision Overview - The company will no longer have a supervisory board, with the audit committee of the board taking over its responsibilities [1] - Amendments to the articles of association include unifying the term "shareholders' meeting" to "shareholders' assembly" and removing sections related to the supervisory board [1] - New provisions include the establishment of employee directors and adjustments to the powers of the shareholders' assembly and board of directors [1] - The threshold for shareholders to propose temporary motions has been reduced from 3% to 1% [1] - Clarifications on the use of capital reserves to cover company losses have been added [1] Specific Amendments to Articles of Association - The articles now emphasize the protection of the interests of the company, shareholders, employees, and creditors [2] - The legal representative of the company is now solely the chairman, with provisions for timely appointment of a new representative upon resignation [2] - The total number of shares issued by the company is confirmed to be 631,052,069 shares, all of which are ordinary shares [9] - The company’s shares can be transferred according to legal regulations, and the company does not accept its own shares as collateral [10] - New rules regarding the responsibilities and rights of shareholders, including the right to request meetings and access to company documents, have been established [13][14] Governance and Compliance - The company’s governance structure has been revised to ensure compliance with the latest laws and regulations, including the responsibilities of major shareholders and actual controllers [17][18] - The articles now include provisions for the company to provide financial assistance for acquiring shares under specific conditions, with a cap of 10% of the total issued capital [10] - The rights of shareholders to challenge decisions made by the board or shareholders' assembly have been reinforced [19][20]