Guangzhou Yuexiu Capital eliminates board of supervisors

Guangzhou Yuexiu Capital Holdings Group disclosed on July 18, 2025, the cancellation of its board of supervisors. The decision transfers the board's responsibilities to the board of directors' audit committee.

The previous supervisory board consisted of Li Hong as chairperson, Yao Xiaosheng as supervisor, and Li Qingyun as employee representative supervisor.

The company said the organizational change will not impact its daily operations, production, or debt-servicing capabilities. The move aims to streamline the governance structure in line with regulatory requirements.