Xinhua Winshare Publishing and Media Co., Ltd. (Stock Code: 811) has announced plans to amend its Articles of Association and other corporate governance systems in accordance with the Company Law of the People’s Republic of China, which became effective on 1 July 2024. Under this update, the duties of the Supervisory Committee would be transitioned to an Audit Committee under the Board of Directors, resulting in the proposed abolishment of the existing Supervisory Committee.

The board of directors has indicated that the proposed changes align with the revised guidelines issued by the China Securities Regulatory Commission on 28 March 2025, which address the establishment of audit committees in listed companies. Along with the Articles of Association, the company also plans to update its General Meeting Rules, Board Meeting Rules, Independent Directors Working System, and Connected Transaction System. These amendments, pending approval by shareholders and relevant authorities, will not affect existing shareholder rights.

An extraordinary general meeting is scheduled for 23 December 2025 to seek shareholder approval of the proposed changes, including the formal abolishment of the Supervisory Committee. A circular containing further details will be distributed to shareholders in due course.