贵州赤天化股份有限公司

Core Viewpoint - Guizhou Chitianhua Co., Ltd. plans to cancel its supervisory board and amend its articles of association, transferring the supervisory responsibilities to the audit committee of the board of directors, pending approval from the shareholders' meeting [9][10]. Summary by Sections Cancellation of Supervisory Board - The company has decided to cancel the supervisory board to comply with the revised Company Law of the People's Republic of China and related regulations, with the audit committee of the board taking over the supervisory functions [9]. - Following the cancellation, all current supervisors will be automatically dismissed [9]. Amendments to Articles of Association - The articles of association will be revised to reflect the cancellation of the supervisory board, including changes such as replacing "supervisory board" with "audit committee" and unifying the term "shareholders' meeting" to "shareholders' assembly" [10]. - Additional sections will be added to address "controlling shareholders and actual controllers" and "board committees and independent directors" [10]. - The amendments do not change the substantive meaning of the articles, only minor wording adjustments and renumbering due to the changes [10]. Shareholders' Meeting - The proposal to cancel the supervisory board and amend the articles of association will be submitted for approval at the upcoming shareholders' meeting [10]. - The company emphasizes that the approval of these changes is uncertain and urges investors to pay attention to potential risks [10].