Shenwan Hongyuan board approves key governance document revisions

Shenwan Hongyuan Group Company Limited's board of directors held its tenth meeting on October 13, 2025, with all 11 directors participating. The board unanimously approved revisions to several key governance documents, including the company's articles of association, shareholder meeting rules, board of directors meeting rules, and audit committee work procedures. These proposed changes will be submitted for approval at an upcoming general meeting of shareholders.

Further resolutions passed unanimously by the board include amendments to the company's independent non-executive director system, related party transaction management system, external guarantee management system, and raised funds management system. All these revisions require shareholder approval to take effect.

The unanimous approval across all eight proposals signals strong board consensus. These initiatives aim to update and enhance the company's internal governance framework, aligning with current regulatory standards and operational needs.