BHC(SH:600721) Zheng Quan Zhi Xing·2025-09-02 08:16Core Viewpoint - The company Xinjiang Baihua Village Pharmaceutical Group Co., Ltd. is proposing to cancel its supervisory board and amend its articles of association and related rules to enhance corporate governance and comply with updated legal regulations [3][4][5]. Group 1: Proposal Details - The proposal to cancel the supervisory board is based on the need to align with the latest legal requirements and improve the company's governance structure [3][4]. - The supervisory board's responsibilities will be transferred to the audit committee of the board of directors [3]. - The amendments to the articles of association aim to further refine corporate governance and adapt to the operational needs of a listed company [4][5]. Group 2: Amendments to Articles of Association - The registered capital of the company has been updated from RMB 384,032,635 to RMB 384,547,635 [6]. - The company will no longer accept its own shares as collateral [7]. - The provisions regarding the transfer of shares by major shareholders and management have been revised to enhance transparency and compliance [8][9]. Group 3: Shareholder Rights and Responsibilities - Shareholders are entitled to various rights, including profit distribution and participation in decision-making processes [8][9]. - The company emphasizes the importance of shareholders adhering to the articles of association and legal obligations [12][14]. - Major shareholders must report any pledging of shares to the company promptly [13][15].