FilingReader Intelligence
Foton Motor eliminates supervisory board in governance overhaul
August 25, 2025 at 12:48 PM UTC•By FilingReader AI
Beiqi Foton Motor announced its shareholders approved the cancellation of the supervisory board and amendments to its Articles of Association on August 19.
The decision aligns with China's newly revised Company Law and streamlines the automaker's governance structure by removing all supervisory board references and related rules.
Three employee-representative supervisors will no longer hold their positions but retain other roles within the company.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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