Zhejiang Precision Integrated Technology Co., Ltd.
Securities Code: 002006
Securities Abbreviation: Precision Technology
Announcement No.: 2025-040
Zhejiang Precision Integrated Technology Co., Ltd. (hereinafter referred to as "the Company") held the 10th meeting of the 9th Board of Directors on October 13, 2025, where it reviewed and approved the proposals regarding the cancellation of the supervisory board and the amendments to the Articles of Association, as well as the establishment and revision of certain governance systems of the Company. In accordance with the latest regulatory framework and considering the actual situation of the Company, it is proposed to cancel the supervisory board, amend the Articles of Association, and establish and revise relevant governance systems. The specific details are as follows:
- Specifics on the Cancellation of the Supervisory Board and Amendments to the Articles of Association
To further enhance the effectiveness of corporate governance and streamline management processes, in accordance with the Company Law of the People's Republic of China (hereinafter referred to as "the Company Law"), the relevant transitional arrangements for the implementation of the new Company Law, and the Guidelines for the Articles of Association of Listed Companies, the powers originally exercised by the supervisory board under the Company Law will be transferred to the Audit Committee of the Board of Directors. The Company will no longer set up a supervisory board or supervisory positions. This cancellation of the supervisory board is subject to approval by the shareholders' meeting. Before the shareholders' meeting approves the cancellation of the supervisory board, the 9th supervisory board of the Company will continue to diligently perform its supervisory functions in accordance with the requirements of the Company Law, the Securities Law, and other laws and regulations, safeguarding the interests of the Company and all shareholders.
At the same time, in accordance with the Company Law, the Shenzhen Stock Exchange Listing Rules, and other relevant laws, administrative regulations, and rules, and considering the actual situation of the Company, it is proposed to amend relevant provisions of the Articles of Association. After the amended Articles of Association are approved by the shareholders' meeting, the supervisory board will cease to perform its duties, and the supervisors will be automatically relieved of their positions. The relevant systems related to the supervisory board, such as the "Rules of Procedure for the Supervisory Board," will be abolished accordingly, and the provisions concerning the supervisory board and supervisors in various systems of the Company will no longer apply. The Company has informed the supervisors of the relevant situation. The supervisors have diligently fulfilled their duties during their tenure, and the Company expresses its heartfelt gratitude for their contributions to the governance and development of the Company.
- Amendments to the Articles of Association
In light of the above adjustments, and in accordance with the Company Law, the Shenzhen Stock Exchange Listing Rules, and the Guidelines for the Articles of Association of Listed Companies, the Company proposes to amend relevant provisions of the Articles of Association. The specific amendments are as follows: