Hebei Construction Group proposes abolition of board of supervisors

Hebei Construction Group Corporation Limited announced its board has approved resolutions to abolish the Board of Supervisors, aligning with revisions to the Company Law of the People's Republic of China (Revised 2023) and Guidelines on the Articles of Association of Listed Companies (Revised 2025). Additionally, amendments to the Rules of Procedures for General Meetings and the Rules of Procedures for the Board are proposed. The changes will take effect upon approval at the general meeting. A circular detailing the proposals will be published on the HKExnews website and the company website. The board of directors includes Mr. LI Baozhong, Mr. SHANG Jinfeng, Mr. ZHAO Wensheng, Mr. TIAN Wei, Mr. ZHANG Wenzhong, and Mr. LI Baoyuan. The independent non-executive directors are Ms. SHEN Lifeng, Ms. CHEN Xin, and Mr. CHAN Ngai Sang Kenny.