REG - Ming Yang Smart Engy - Abolish Supervisory Committee & Amend Articles

Ming Yang Smart EnergyAnnouncement

14/08/2025 10:45

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RNS Number : 3579V  Ming Yang Smart Energy Group Ltd  14 August 2025

 

MING YANG SMART ENERGY GROUP LIMITED

(GDR under the symbol: "MYSE")

(a joint stock company established under the laws of the People's Republic of
China with limited liability)

 

Announcement on Abolishment of Supervisory Committee and Amendments to the
Articles of Association

 

In accordance with the relevant requirements of the Company Law of the
People's Republic of China (hereafter referred to as the "Company Law"), the
Guidelines for Articles of Association of Listed Companies and the Code of
Corporate Governance for Listed Companies, and taking into account the actual
situation of the Company, the Company will abolish the Supervisory Committee
and supervisors, the functions and powers of the Supervisory Committee shall
be exercised by the audit committee of the Board of Directors, the Rules for
Procedures of the Supervisory Committee will be repealed correspondingly, and
the provisions relating to the Supervisory Committee and supervisors in all
rules and regulations of the Company shall be no longer applicable.

Meanwhile, in accordance with the Company Law of the People's Republic of
China and the Transitional Arrangements Relating to the Implementation of the
New Company Law Supporting Systems and Rules, the Company has carried out a
review of its existing corporate governance system and proposes to amend the
relevant sections of the Articles of Association of Ming Yang Smart Energy
Group Limited. For details, please refer to the Articles of Association of
Ming Yang Smart Energy Group Limited as attached.

The matters above are subject to be submitted to the general meeting of the
Company for approval.

At the same time, the amendments to the Articles of Association cover relevant
provisions regarding the qualifications for appointment, code of conduct,
responsibilities and obligations, and resignation management of the Company's
directors and senior management. In order to streamline and optimize the
corporate governance system of the listed company, the Self-discipline Code of
Conduct for Directors, Supervisors and Senior Management will be repealed
simultaneously upon consideration and approval of such amendments to the
Articles of Association at the general meeting.

 

 

Ming Yang Smart Energy Group Limited

14 August 2025

 

 

Appendix: Articles of Association of Ming Yang Smart Energy Group Limited

Please refer to the linkage below:

http://www.rns-pdf.londonstockexchange.com/rns/3579V_1-2025-8-14.pdf
(http://www.rns-pdf.londonstockexchange.com/rns/3579V_1-2025-8-14.pdf)

 

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