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Anhui Jinyan Kaolin to Abolish Supervisory Committee and Amend Articles

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Anhui Jinyan Kaolin to Abolish Supervisory Committee and Amend Articles

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The latest announcement is out from Anhui Jinyan Kaolin New Materials Co. Ltd. Class H ( (HK:2693) ).

Anhui Jinyan Kaolin New Materials Co., Ltd. has announced plans to abolish its Supervisory Committee in line with recent legal amendments in China, aiming to enhance corporate governance. The company’s Board of Directors’ Audit and Risk Committee will assume the responsibilities previously held by the Supervisory Committee. Additionally, the company plans to amend its Articles of Association to reflect these changes, introduce reforms to the independent director system, and strengthen its internal audit function. These changes are pending approval at an extraordinary general meeting.

More about Anhui Jinyan Kaolin New Materials Co. Ltd. Class H

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