Qiming Information Technology revises articles, abolishes supervisory board

Qiming Information Technology Co.LTD disclosed on December 12, 2025, that its board of directors approved amendments to its articles of association. These changes, pending shareholder approval, are made in accordance with the “Company Law of the People's Republic of China” and other related regulations. The primary amendment involves the removal of the supervisory board, with its functions to be assumed by the board’s audit committee.

The revisions also include changing all references to "shareholder general meeting" to "shareholder meeting" and adding a new section, "Section Two: Controlling Shareholders and Actual Controllers," to "Chapter Four: Shareholders and Shareholder Meetings." Furthermore, "Chapter Five: Board of Directors" now includes new sections: "Section Three: Independent Directors" and "Section Four: Special Committees of the Board of Directors," to enhance corporate governance.

The company's articles of association were updated to reflect these changes, increasing the total number of chapters from 13 to 12 and articles from 209 to 220. The company's registered capital remains RMB 408,548,455, as confirmed in the updated charter.