Zhongyuan Bank Co., Ltd. has announced significant changes following a recent board meeting. The board of directors approved proposed amendments to the Bank's Articles of Association, the Rules of Procedure of the Shareholders' General Meeting, and the Rules of Procedure of the Board's Meeting. A key resolution involves the abolition of the Board of Supervisors, with all current members stepping down upon the amendments taking effect. The amendments are intended to align with changes in laws and regulations and reflect the Bank's current conditions and industry experience. The proposed amendments will require approval from the Bank's shareholders at a general meeting and will take effect upon approval from China's banking regulatory authority. Current board members include Mr. Guo Hao as executive Director, Mr. Feng Ruofan and Ms. Zhang Shu as non-executive Directors, and several independent non-executive Directors.