Core Viewpoint - Dongguan Rural Commercial Bank (09889.HK) announced a proposal to amend its articles of association, which will take effect upon approval from the Dongguan Regulatory Bureau of the National Financial Supervisory Administration [1] Group 1: Corporate Governance Changes - The bank will abolish the supervisory board and its specialized committees, transferring the supervisory functions to the audit committee of the board of directors [1] - The audit department will be restructured from a senior management-level entity to a subordinate entity under the board's audit committee [1] - The articles of association will be revised to include employee directors on the board [1] Group 2: Regulatory Compliance - The amendments to the articles of association will be effective only after receiving approval from the relevant regulatory authority [1] - The rules governing the supervisory board's meetings and related systems will be simultaneously abolished [1]
东莞农商银行(09889.HK):不再设立监事会