Neusoft plans governance overhaul, expands into AI software development

Neusoft Corporation is proposing to abolish its Supervisory Board, with its functions to be absorbed by the Board of Directors' Audit Committee. This change necessitates revisions to the company's Articles of Association and other related governance documents. Additionally, the company plans to broaden its business scope by adding "Artificial intelligence application software development" and "Artificial intelligence industry application system integration services," among other items.

The company's registered capital and total number of shares will also be updated to reflect recent changes. As of July 31, 2025, the total number of shares stands at 1,190,185,179, a direct result of the implementation of the first exercise period of the 2024 stock option incentive plan. These proposals, alongside other amendments to various internal rules, aim to enhance corporate governance and strategic business development. The meeting is scheduled for September 24, 2025.