Summary by Moomoo AI
CMOC Group Limited (hereinafter referred to as "the Company") passed a special resolution on December 10, 2024, to amend the company bylaws and related systems, which took effect on the same day.The amended bylaws consist of fourteen chapters, including general principles, business objectives and scope, shares, Shareholders and the Shareholders' Meeting, Board of Directors, President and other senior management personnel, Supervisory Board, financial accounting system, profit distribution and auditing, appointment of accounting firms, notifications and announcements, mergers, spin-offs, capital increases, capital reductions, dissolution and liquidation, amendment of the bylaws, and annexes. At the same time, the Company also revised the Shareholders' Meeting system, Board of Directors meeting system, and the working rules for the Supervisory Board meetings.These amendments aim to improve the corporate governance structure, clarify the responsibilities and powers of various governance bodies, enhance operational efficiency, and protect shareholder rights. The revised systems are more in line with the latest legal and regulatory requirements and standards for listed companies.
