Shandong International Trust Co. Ltd. has announced a proxy proposal to be voted on at its upcoming shareholder meeting. The proposal includes the cancellation of the Board of Supervisors, amendments to the Articles of Association, and changes to the Procedural Rules for both the General Meeting and the Board of Directors. The audit committee will assume the duties of the Board of Supervisors, and the changes will be effective upon approval at the general meeting and authorization from the National Financial Regulatory Administration.
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