KDL(SH:603987) Shang Hai Zheng Quan Bao·2025-10-27 23:19Group 1 - The core point of the announcement is the decision made by the Supervisory Board of Shanghai Kangdai Enterprise Development Group Co., Ltd. regarding the third quarter report for 2025 and the proposal to abolish the Supervisory Board [1][2][4]. - The Supervisory Board meeting was held on October 27, 2025, with all three supervisors present, and the meeting complied with relevant laws and regulations [1][2]. - The third quarter report for 2025 was approved, confirming that the report's preparation and review processes met legal and regulatory requirements, and accurately reflected the company's operational results and financial status [2][3]. Group 2 - The proposal to abolish the "Rules of Procedure for Supervisory Meetings" was approved, indicating a significant structural change within the company as it plans to eliminate the Supervisory Board altogether [4][5]. - The proposal will be submitted for review at the company's second extraordinary general meeting of shareholders in 2025 [6]. - The second extraordinary general meeting of shareholders is scheduled for November 13, 2025, and will utilize both on-site and online voting methods [9][11].