China BlueChemical schedules EGM to approve charter amendments

China BlueChemical Ltd. (HKEX: 3983) has announced that it will convene an Extraordinary General Meeting (EGM) on August 18, 2025, to seek shareholder approval for proposed amendments to its Articles of Association. The key resolutions to be considered, described in a comprehensive circular, include the cancellation of the existing supervisory committee, streamlining the company's governance structure. The company's board will then take on the responsibilities of the committee. Shareholders will also vote on the powers now given to the board for relevant filings related to regulatory changes, including amendments to the articles in accordance with filing authorities' (company registration authorities) requirements. The detailed proposed amendments, without an official English translation, cover various aspects of the company's operations, shares and registered capital, and director responsibilities. The board believes this action will lead to standardized operations and improve corporate governance in accordance with evolving regulations and actual situations. As part of the process, there is also an invitation to shareholders who meet certain eligibility requirements to nominate additional directors. Shareholders of record as of August 18, 2025 are eligible to attend the EGM and are urged to complete the proxy forms. In any event, the changes should be ratified in a poll.