Core Viewpoint - Shenzhen Yuntian Lifa Technology Co., Ltd. has revised its Articles of Association and governance systems applicable after the issuance of H shares, including the cancellation of the supervisory board, with the audit committee of the board taking over its responsibilities [1][2][5]. Group 1: Revision of Articles of Association and Governance Rules - The company held its 16th meeting of the second board on July 11, 2025, where it approved the proposal to cancel the supervisory board and amend the Articles of Association and related rules [1][2]. - The revised Articles of Association and governance rules are based on the requirements of the Company Law, Securities Law, and relevant regulations from the China Securities Regulatory Commission and the Hong Kong Stock Exchange [2][4]. - The amendments will be submitted for approval at the shareholders' meeting, and the board is authorized to make further adjustments as necessary [3][4]. Group 2: Internal Governance System Revisions - The company has revised several internal governance systems, including the Independent Director Work System and the Related Party Transaction Decision-Making System, due to the cancellation of the supervisory board [5][6]. - These revised systems will also be submitted for approval at the shareholders' meeting, and the board is authorized to make necessary adjustments based on legal and regulatory requirements [6][7]. - The revised governance documents will take effect upon the company's H share listing [7].