Group 1 - The company held its fourth supervisory board meeting on July 4, 2025, which was conducted in accordance with relevant laws and regulations [1][2] - The supervisory board's powers will be exercised by the audit committee of the board of directors, and the company's articles of association have been amended accordingly [2] - The resolution to cancel the supervisory board will not adversely affect the company's governance or operations [2] Group 2 - The voting results for the resolution were 3 votes in favor, 0 against, and 0 abstentions, and the proposal will be submitted to the shareholders' meeting for approval [2]

Group 1 - The company Zhangjiagang Zhonghuan Hailu High-end Equipment Co., Ltd. has proposed amendments to its Articles of Association and certain internal regulations, which have been approved by the eighth meeting of the fourth Supervisory Board held on July 4, 2025 [1][2] - The amendments are in accordance with relevant laws and regulations, including the Company Law of the People's Republic of China and the Shenzhen Stock Exchange's rules for listed companies [2] - The company's Supervisory Board's powers will be transferred to the Audit Committee of the Board of Directors, and the Supervisory Board's meeting rules will be abolished, which is not expected to negatively impact the company's governance or operations [2] Group 2 - The specific amendments to the Articles of Association and other regulations have been disclosed on the Giant Tide Information Network [2] - The company will continue to operate normally until the shareholders' meeting approves the amendments, ensuring compliance with relevant laws and regulations [2]

Core Points - The article outlines the articles of association for Renzi Hang Network Technology Co., Ltd, detailing the company's establishment, capital structure, and governance framework [4][5][6]. Group 1: Company Overview - The company was established as a joint-stock limited company in accordance with the Company Law of the People's Republic of China [4]. - The company was approved by the China Securities Regulatory Commission for its initial public offering of 17.7 million shares on April 25, 2012, and is listed on the Shenzhen Stock Exchange [4][5]. - The registered capital of the company is RMB 673.63015 million [5]. Group 2: Business Scope - The company's business scope includes computer software and hardware development, sales, and related technical services, as well as e-commerce and network security services [6]. Group 3: Share Structure - The company issues shares in the form of stocks, with each share having a par value of RMB 1 [7][8]. - The total number of shares issued by the company is 67,363.0150 million [8]. Group 4: Shareholder Rights and Responsibilities - Shareholders have rights to dividends and other benefits proportional to their shareholdings, and they can request meetings and participate in decision-making [16][31]. - Shareholders are obligated to comply with laws and regulations, and they cannot withdraw their capital except as legally permitted [37][38]. Group 5: Governance and Management - The chairman of the board serves as the legal representative of the company, and the company is required to establish a board of directors and an audit committee [5][6][19]. - The articles of association provide a framework for the operation of the board and the rights of shareholders, including the process for calling meetings and making decisions [16][32][35]. Group 6: Financial Management - The company is prohibited from providing financial assistance for the acquisition of its shares, except under specific conditions approved by the board [9][10]. - The company must disclose significant transactions and ensure compliance with regulations regarding related party transactions [29][30].

Core Points - The document outlines the operational guidelines for the management of Zhangjiagang Zhonghuan Hailu High-end Equipment Co., Ltd, aiming to enhance management efficiency and standards [1] - The guidelines establish the roles and responsibilities of the general manager, deputy general managers, and other senior management personnel [1][2] - The document emphasizes the legal binding nature of these guidelines on the management team from the date of effectiveness [2] Management Structure - The company has a management structure consisting of one general manager, several deputy general managers, one financial officer, and one board secretary [2] - The board must approve any changes in the positions of the general manager and other senior management personnel [2][3] - The general manager can resign before the end of their term, with specific procedures outlined in their employment contract [2] Responsibilities and Obligations - Senior management personnel must adhere to legal regulations and the company's articles of association, and they are liable for any losses caused by violations [2][4] - Specific disqualifications for senior management roles are listed, including criminal convictions and financial irresponsibility [3][4] - Management personnel are required to act in the best interests of the company and its shareholders, avoiding conflicts of interest [4] General Manager's Authority - The general manager is responsible for the company's operational management, implementing board resolutions, and reporting to the board [5][6] - The general manager has the authority to propose the hiring or dismissal of deputy general managers and other management personnel [5] - The general manager's decision-making power includes various financial and operational transactions, subject to board approval for significant matters [6][7] Meeting and Reporting Procedures - Regular meetings of the general manager are mandated to discuss significant operational matters, with specific attendance requirements [8][9] - The management team is required to report to the board quarterly and provide updates on significant events affecting the company [12][13] - The guidelines stipulate that the board must be informed of any major legal issues or changes in economic conditions impacting the company [12][13]

Core Insights - The event "Entering the Legendary Secretary of the Board and the Launch of the Book 'Legendary Secretary of the Board'" was successfully held in Suzhou, attended by prominent figures from the Chinese listed companies and the publishing industry [1] - The book 'Legendary Secretary of the Board' features real cases from 38 exemplary individuals, showcasing the innovative spirit and compliance standards of the secretary profession, emphasizing its potential as a lifelong career [2] - Legendary secretaries have played a crucial role in the evolution of corporate governance in China, contributing to significant reforms and innovations in the capital market [3] Group 1 - The event was co-hosted by Guotai Junan Securities, Board Magazine, and Value Online, with over 20 executives from listed companies in attendance [1] - The book aims to provide a foundational logic for the new generation involved in corporate governance, promoting a spirit of innovation within regulatory frameworks [2] - The contributions of legendary secretaries have been pivotal in navigating challenges in the capital market, including the promotion of governance systems and the resolution of early governance crises [2][3] Group 2 - Notable figures such as Hu Zhi Kui and Luo Shou Sheng are highlighted for their innovative practices that have significantly impacted the capital market [3] - The event included discussions on key career milestones for secretaries, new thinking in mergers and acquisitions, and future planning for young professionals [3] - The book serves as a historical narrative of the evolution of Chinese listed companies, illustrating the transition from exploration to leading reforms [3]

《随波逐流：日本企业与失去的三十年》 伊丹敬之著 责编| 柒排版| 拾零 第 9044篇深度好文：5043字 | 13 分钟阅读 自1991年泡沫经济破裂以来，日本企业历经了所谓"失去的三十年"，日本的企业在这30年里经历了各种惊涛骇浪。 虽然它们也努力尝试采用各种方法加以应对，但这种应对在很大程度上并不是凭借坚定的意志有目的地朝着某个方向 前进，而是在汹涌的浪花中被动地"随波逐流"。 一、不变的设备投资， 激增的股票分红 我调取了自1975年以来日本财务省的法人企业统计调查数据库（以下简称"法人企业统计调查"），对日本企业的经营 展开分析。在分析过程中，我发现了许多令人震惊的事实。 就比如说，日本大企业（指注册资本超过10亿日元的企业）的设备投资与股票分红之间的比率问题（哪一个占比更 大）。就企业成长的一般常识而言，设备投资应该远大于对股东的股票分红才合乎常理。直到20世纪90年代，日本大 企业的设备投资都远大于股票分红。 然而，进入21世纪以后，这样的常识逐渐为人们所抛弃，日本大企业的经营模式开始发生转变，并且转变的态势与日 俱增。直到2021年，日本大企业的股票分红金额终于前所未有地超过了设备投资金额。 ...

日本交易所集团（JPX）最新披露的数据显示，日本个人股东（散户）数量在2024财年激增超12%，达到8360 万人，创下了历史新高。这反映出，随着日本股市带来投资机遇，投资文化正越来越深入日本社会。 日本掀起炒股热潮。 有分析称，在日本小额投资免税制度（NISA）的刺激下， 日本居民资金从储蓄转向投资的趋势正在增强 。据 日本金融厅发布的数据，截至2024年12月底，NISA的累计购买金额同比增长50%，约为52万亿日元。 这一趋势还可能受到了"股神"巴菲特的影响。在巴菲特宣布大举增持日本五大商社后，大量日本散户投资者开 始将资金投向日本贸易公司股票。另外，日本公司治理改革在影响个人投资者的股票选择方面也发挥着重要作 用。 日本散户数量创历史新高 当地时间7月4日，日本交易所集团（JPX）发布公告称，2024财年（截至2025年3月31日），日本个人股东 （散户）数量达到8359万人，同比增长12.3%，创下历史新高。 JPX发布的年度持股调查数据显示，截至2024财年末，日本散户的数量达到83594852人，较前一年增加了 9141264人。JPX负责运营日本主要交易所，这是该机构1949年开始统计以来的最 ...

Group 1 - The event organized by the Henan Securities Regulatory Bureau aimed to enhance the governance and compliance practices of listed companies in Henan, with Yutong Bus as a model company [1][2] - The event included a visit to Yutong Bus's brand experience center and its new energy bus assembly workshop, showcasing the company's commitment to quality and innovation in the bus manufacturing industry [1] - Over 50 participants, including secretaries of boards from 42 listed companies and media representatives, attended the event to learn from Yutong's practices [1] Group 2 - Yutong Bus's secretary shared insights on governance and compliance, covering five key areas: information disclosure, corporate governance, investor relations, public opinion management, and capital operations [2] - The sharing session utilized various tools such as tables, checklists, manuals, and Q&A databases to simplify legal requirements into actionable processes [2] - The Henan Listed Companies Association emphasized the role of leading companies in enhancing governance and compliance, and plans to continue organizing similar events to improve the overall operational standards of listed companies in Henan [2]

【亚光科技:董事长被实施留 置】 【导读】亚光科技实控人、董事长李跃先被实施留置 中国基金报记者 牛思若 7 月 4 日， 亚光科技 公告称，收到公司实际控制人、董事长李跃先家属的通知，李跃先被 滑县监察委员会实施留置。 中国基金报问讯 - 更快 更准 更有料 2025-07-04 19:51:18 星期五 中国基金报7月4日电,亚光科技（300123.S Z）7月4日公告，公司实际控制人、董事长李 跃先 被 滑县 监察 委员 会 实施 留置 。 公司 表 示，目前生产经营一切正常，其他董事、监 事及高管均正常履职。公司将持续关注后续 进展,并及时履行信息披露义务。 长按右侧二维码 阅读原文 亚光科技表示，公司拥有完善的治理结构及内部控制机制，日常经营管理由公司高管团队负 责。目前公司生产经营管理情况一切正常，其他董事、监事及高级管理人员均正常履职，董 事会依法履行相关职责。 公开资料显示，李跃先出生于 1963 年，现年 62 岁。李跃先曾任湖南文源公司技术员、厂 长。 1991 年 7 月至 2008 年 12 月，李跃先担任控股股东及其前身湖南凤巢材料有限责任 公司董事长、总经理； 2003 年 6 月 ...

Core Points - The company is named China National Software & Service Company Limited, established as a joint-stock company in accordance with Chinese laws [2][3] - The registered capital of the company is RMB 940,093,188 [2] - The company aims to develop the national software industry and promote the informatization of the national economy, aspiring to become "China's first software brand and a world-class well-known enterprise" [4] Chapter Summaries Chapter 1: General Provisions - The company is established to standardize its organization and behavior, strengthen the leadership of the Communist Party, and improve its corporate governance structure [1][2] - The company is a permanent joint-stock company, with all assets divided into equal shares, and shareholders are liable only to the extent of their subscribed shares [3] Chapter 2: Business Objectives and Scope - The company's business objectives include the development of the national software industry and the promotion of national economic informatization [4] - The business scope includes software development, sales, and various technology services, as well as training and education services [4][5] Chapter 3: Shares - The company's shares are issued in the form of stocks, with equal rights for each share of the same type [6][7] - The total number of shares is 940,093,188, all of which are ordinary shares [7] Chapter 4: Shareholders and Shareholders' Meeting - The shareholders have rights to dividends, voting, and other benefits proportional to their shareholdings [12][13] - The company must hold annual and temporary shareholders' meetings, with specific procedures for calling and conducting these meetings [17][18] Chapter 5: Board of Directors - The board of directors is responsible for the company's management and decision-making, with specific roles for independent directors and committees [5][6] Chapter 6: General Manager and Other Senior Management - The general manager and senior management are responsible for the day-to-day operations of the company [5] Chapter 7: Supervisory Board - The supervisory board oversees the company's operations and ensures compliance with laws and regulations [5] Chapter 8: Party Committee - The company establishes a party organization to ensure the leadership of the Communist Party within its structure [3] Chapter 9: Financial Accounting System - The company has established a financial accounting system, including internal audits and the appointment of accounting firms [5] Chapter 10: Employee Democratic Management - The company promotes democratic management among employees and establishes labor and personnel systems [5] Chapter 12: Mergers, Divisions, and Liquidation - The company outlines procedures for mergers, divisions, capital increases, reductions, and liquidation [5] Chapter 13: Amendment of Articles - The company can amend its articles of association following legal procedures [5] Chapter 14: Supplementary Provisions - The articles of association serve as a binding document for the company and its stakeholders [3][5]