Dongjiang Environmental Company Limited (00895) announced proposed revisions to its Articles of Association in accordance with the “Company Law of the People’s Republic of China (2023 Revision),” updated guidelines and listing rules, and the repeal of certain regulatory provisions. Key amendments include the removal of references to the Supervisory Committee and the transfer of its duties to the Audit and Risk Management Committee, reflecting the company’s intention to abolish the existing Supervisory Committee and related regulations upon shareholder approval.

The proposed amendments impact provisions on general meetings and board meetings, aligning them with the latest regulatory requirements. These changes require approval at an extraordinary general meeting (EGM), followed by separate class meetings for A shares and H shares. Existing supervisors have confirmed no disagreement with the Board and the Supervisory Committee regarding this transition. A circular detailing the amendments, including changes to internal governance policies, will be dispatched to shareholders, and the final alteration of the Articles of Association will be subject to filing procedures with the relevant authority. The proposed changes are aimed at enhancing corporate governance efficiency and refining the company’s internal management structure.