Shandong Bohui Paper to abolish supervisory board, revise governance policies

Shandong Bohui Paper Industrial Co., Ltd. will convene its second extraordinary general meeting of shareholders for 2025 on November 17, 2025. The meeting in Zibo City will address key proposals including the cancellation of the supervisory board and subsequent revisions to the company's articles of association. This move aligns with updated regulations from the "Company Law," "Guidelines for Articles of Association of Listed Companies," and "Self-regulatory Guidelines for Listed Companies of Shanghai Stock Exchange."

Shareholders will also vote on amendments to several governance policies, specifically the "Shareholders' Meeting Rules," "Board of Directors' Meeting Rules," and "Independent Director System." These revisions are intended to enhance corporate operations and establish a robust internal governance mechanism, with the functions of the supervisory board to be assumed by the Board of Directors' Audit Committee.

The meeting will combine on-site and online voting, with online voting open from 9:15 AM to 3:00 PM on November 17, 2025. The record date for shareholder eligibility is November 10, 2025. Further details regarding these proposals were published on October 31, 2025, in major Chinese financial newspapers and on the Shanghai Stock Exchange website.