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Yongxing dissolves supervisory board in governance overhaul

August 22, 2025 at 05:11 AM UTCBy FilingReader AI

Yongxing Special Materials Technology announced it will dissolve its supervisory board and transfer its functions to the board's audit committee, requiring extensive changes to governance documents and internal policies.

The company also proposed a cash dividend of 3.00 yuan per 10 shares for the first half of 2025, totaling 158.96 million yuan from net profit of 400.81 million yuan.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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