Sichuan Jiuyuan Yinhai Software updates governance to boost transparency

Sichuan Jiuyuan Yinhai Software has updated its governance framework by revising multiple internal control systems and its Articles of Association, all effective September 29, 2025. Key updates include a revised Related Party Transaction Decision-Making System that outlines principles for fair and transparent dealings, and a strengthened External Guarantee Management System requiring explicit board and, for certain thresholds, shareholder approval for guarantees. The company emphasizes risk prevention and disclosure of related party transactions and external guarantees.

The company also introduced an updated Information Disclosure Management System to ensure timely, accurate, and complete information dissemination to investors, alongside an Investor Relations Management System designed to enhance communication and engagement with shareholders. The Internal Audit System was revised to clarify responsibilities for financial and operational audits, with the audit committee overseeing these activities.

Further reinforcing its governance structure, the company updated its Articles of Association, Board of Directors' Rules of Procedure, and Shareholder Meeting Rules of Procedure. Detailed guidelines were also issued for the board's audit, remuneration and assessment, and nomination committees, as well as for the board secretary, independent directors, and the management of insider information, aiming to improve transparency and operational efficiency. The company also implemented new rules for the selection and appointment of accounting firms and the management of shareholdings for directors and senior management.