Yunnan Copper revamps governance, nominates new board members

Yunnan Copper (SZSE:000878) is undertaking a governance overhaul, according to resolutions passed at its 39th meeting of the Ninth Board of Directors. The company plans to eliminate its supervisory board, transferring its responsibilities to the audit and risk management committee of the board of directors. To enhance governance, Yunnan Copper also plans to add one employee representative to the board. These changes necessitate revisions to the company's articles of association, which are subject to shareholder approval.