SIPG(SH:600018) Shang Hai Zheng Quan Bao·2025-10-30 22:44Core Viewpoint - The company has decided to cancel its supervisory board and amend its articles of association and related rules to enhance corporate governance and compliance with new regulations [9][10][41]. Financial Data - The third quarter financial statements for 2025 have not been audited [3]. - The company reported that the financial information in the quarterly report is accurate and complete, with no significant omissions [2][32]. Shareholder Information - The company has proposed to eliminate the supervisory board, with the audit committee taking over its responsibilities [10][41]. - The board has approved the nomination of three independent directors, pending shareholder approval [16][17]. Management System Amendments - The board has agreed to revise and establish several management systems to improve operational standards [12][44]. - The revised articles of association and management rules will be submitted for shareholder approval [42][44]. Stock Incentive Plan - The board has approved the conditions for lifting restrictions on a portion of the stock incentive plan, affecting 230 individuals and totaling 32,140,596 shares [21][24]. - The company will also repurchase and cancel a portion of the restricted stock due to certain conditions being met [24][26].