Landai Technology(SZ:002765) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-04 22:55Group 1 - The company has decided to abolish the supervisory board and transfer its responsibilities to the audit committee of the board of directors, which will require amendments to the Articles of Association [1][2][75]. - The resolution to amend the Articles of Association was passed unanimously by the board of directors with 9 votes in favor [3]. - The amended Articles of Association will take effect upon approval by the shareholders' meeting [2][77]. Group 2 - The company has approved the sale of assets from its wholly-owned subsidiary, Ma'anshan Landai Transmission Machinery Co., Ltd., to Luxshare Precision Industry (Ma'anshan) Co., Ltd. for a total consideration of RMB 109,919,869.10, including 13% VAT [5][18]. - The asset transfer is part of the company's strategy to optimize resource allocation and focus on core business areas [21][51]. - The transaction does not require shareholder approval as it falls within the board's authority and does not constitute a major asset restructuring [19][22]. Group 3 - The company has scheduled the second extraordinary general meeting of shareholders for November 24, 2025, to discuss the resolutions passed by the board and supervisory board [7][56]. - The meeting will be conducted in a hybrid format, combining on-site and online voting [58][62]. - The proposals to be discussed at the meeting require a two-thirds majority approval from the attending shareholders [63].