Shanghai Beite Technology overhauls governance and disclosure systems

Shanghai Beite Technology Group Co., Ltd. announced a comprehensive overhaul of its corporate governance frameworks, with new systems taking effect on October 13, 2025. This includes the "Information Disclosure Management System," "Management System for Suspension and Exemption of Information Disclosure," "Investor Relations Management System," "External Investment Management System," "Connected Transactions Decision-making System," "Fund-raising Management System," "External Guarantee Management System," "Internal Control Evaluation Management System," "Board of Directors and Senior Management Remuneration Management System," and "Shareholder Meeting Rules."

The updated Information Disclosure Management System streamlines reporting procedures, ensuring timely, accurate, and complete communication of financial and operational information to stakeholders. This is complemented by stricter guidelines on the temporary suspension or exemption of certain disclosures to protect national and commercial secrets, while mandating transparent internal review processes. The Investor Relations Management System emphasizes fair treatment of all investors, outlining protocols for communication channels and ensuring unaudited information is not prematurely disclosed.

The revised external investment, fundraising, and external guarantee management systems introduce enhanced approval processes and risk control measures to safeguard company assets and maximize returns. Connected transactions and internal control evaluation systems are also fortified to ensure compliance, prevent conflicts of interest, and promote operational efficiency. These comprehensive updates aim to strengthen internal controls and foster greater transparency, aligning with the company's commitment to investor protection and sustainable development.