Core Viewpoint - Xinhua Insurance (01336.HK) has announced the proposal to amend its Articles of Association and abolish the Supervisory Board, aiming to optimize corporate governance in compliance with relevant laws and regulations [1] Group 1: Corporate Governance Changes - The proposal is in line with the requirements of the Company Law of the People's Republic of China and the reform of the Supervisory Board [1] - The amendment to the Articles of Association will be submitted for special resolution at the upcoming shareholders' meeting [1] - Upon approval by the shareholders' meeting, the new Articles of Association will require approval from the National Financial Supervision and Administration [1] Group 2: Supervisory Board Abolishment - The company will no longer establish a Supervisory Board, and current supervisors will resign simultaneously [1] - The rules governing the Supervisory Board's meetings will also be abolished [1]
新华保险:撤销监事会