LHG(SH:600186) Zheng Quan Zhi Xing·2025-08-29 17:24Core Viewpoint - Lianhua Holdings Co., Ltd. has announced the cancellation of its supervisory board, changes to its registered capital, and amendments to its articles of association, which will require approval from the shareholders' meeting [1][4]. Group 1: Cancellation of Supervisory Board - The company will abolish the supervisory board in accordance with relevant laws and regulations, with some of its powers being transferred to the audit committee of the board of directors [1][2]. - Current supervisors will be relieved of their duties upon the approval of this proposal by the shareholders' meeting, while the supervisory board will continue to perform its functions until then [2]. Group 2: Changes to Registered Capital - The company has approved the issuance of 1,321,000 restricted shares as part of its stock option and restricted stock incentive plan, increasing the total number of shares from 1,793,251,141 to 1,794,572,141 [2][3]. - Following the repurchase and cancellation of 570,000 restricted shares, the total number of shares will be adjusted to 1,794,002,141 [3]. Group 3: Amendments to Articles of Association - The company will revise its articles of association to comply with the latest legal requirements and to meet its operational needs [3][5]. - Specific amendments include changes to governance structures and internal regulations, which have been approved by the board and will be submitted for shareholder approval [5][6]. Group 4: Governance System Revisions - The company has revised several internal governance documents, including the rules for shareholders' meetings and board meetings, which will take effect upon approval by the shareholders' meeting [5][6]. - The revisions aim to enhance corporate governance and ensure compliance with applicable laws and regulations [5].