Yuguang Gold & Lead eliminates board of supervisors, revises articles

Henan Yuguang Gold & Lead (SSE:600531) announced the cancellation of its board of supervisors and revisions to its Articles of Association and related procedural rules, effective July 4, 2025. This move aligns with the updated *People's Republic of China Company Law* and related regulatory guidelines. Supervisory functions will now be handled by the board's audit committee. Along with the governance change, Henan Yuguang Gold & Lead plans to enter into new business with GanSu Bao Hui. Henan Yuguang Gold & Lead expects to purchase CNY 50 million in lead slag and CNY 20 million in copper slag in fiscal year 2025. This purchase amount does not require additional Shareholder review.