Financial Street Holdings to amend articles of association

Financial Street Holdings (SZSE:000402) announced the resolutions passed at the 37th meeting of its 10th Board of Directors today. A key resolution involved amending the company's Articles of Association and related bylaws, which was approved with 9 votes in favor, 0 votes against, 0 abstentions, and 0 waivers. Once shareholder approval is secured, the company will no longer have a board of supervisors; instead, the audit committee of the board of directors will assume the supervisory responsibilities as stipulated in "Company Law". The "Rules of Procedure for the Board of Supervisors" will then be abolished. The full announcement is available on cninfo.com.cn.