Core Viewpoint - Jiangsu Lopal Technology Co., Ltd. plans to change its name to Jiangsu Lopal Technology Group Co., Ltd. to enhance its competitiveness and reflect its business development status, while maintaining its stock abbreviation and code [1][2]. Summary by Sections Company Name Change - The company intends to change its Chinese name from "Jiangsu Lopal Technology Co., Ltd." to "Jiangsu Lopal Technology Group Co., Ltd." and its English name accordingly, while keeping the stock abbreviation and code unchanged [1]. - The name change aims to highlight the company's global strategic layout and integrated strength across multiple business sectors, enhancing investor and partner confidence [2]. Cancellation of Supervisory Board - The company plans to abolish the supervisory board and transfer its responsibilities to the audit committee of the board of directors, in compliance with the new Company Law effective from July 1, 2024 [3]. Amendments to Articles of Association - The company will revise its Articles of Association to improve governance and align with the updated Company Law and relevant regulations, including the abolition of rules related to the supervisory board [4]. - Specific amendments include changes to the company’s registered name and the roles of the legal representative, ensuring compliance with legal requirements [5][6].