HFCC(SZ:002806) Shang Hai Zheng Quan Bao·2025-11-11 20:05Core Points - The company held its 27th meeting of the sixth board of directors on November 10, 2025, where all 9 directors attended and approved several resolutions [2][4] - The board approved a proposal to change the registered capital, abolish the supervisory board, and amend the company's articles of association to enhance governance [2][3][6] - The company’s registered capital increased from RMB 196.234877 million to RMB 212.479189 million due to the conversion of convertible bonds into shares [2][16] - A proposal to hold the third extraordinary general meeting of shareholders on November 26, 2025, was also approved [10][11] Summary by Sections Board Meeting - The board meeting was convened in accordance with the Company Law and the company's articles of association, with all directors present [2] - The meeting approved the proposal to abolish the supervisory board, transferring its responsibilities to the audit committee of the board [2][6] Capital Changes - The company’s convertible bonds were delisted on July 30, 2025, with 1,413,424 bonds converted into 16,244,312 shares from April 1 to July 21, 2025 [2][16] - The increase in registered capital reflects the conversion of bonds and the adjustment of the company's governance structure [2][3] Governance Amendments - The board agreed to amend relevant provisions in the articles of association and internal governance systems, pending approval from the shareholders' meeting [3][6] - The proposal to hold the extraordinary general meeting for further discussions on these matters was approved [10][11]