CRCC High-Tech Equipment abolishes supervisory committee

CRCC High-Tech Equipment Corporation Limited is abolishing its Supervisory Committee, transferring its functions to the Board's Audit and Risk Management Committee as part of broader governance changes.

The company is also renaming its Strategy and Investment Committee to the Strategy and ESG Committee, with adjusted responsibilities for sustainable development. Wu Yuntian has been elected as the new convener of the Nomination Committee.

The changes require approval at an extraordinary general meeting.