Shenzhen Stock Exchange Code: 002056
Stock Abbreviation: Hengdian Dongci
Announcement Number: 2025-053
Hengdian Group Dongci Co., Ltd. (hereinafter referred to as "the Company") held the 23rd meeting of the 9th Board of Directors on August 19, 2025, where it reviewed and approved the proposals regarding the adjustment of governance structure, changes in business scope, and revisions to the Articles of Association, as well as the revision, formulation, and abolition of certain corporate governance systems. The relevant information is announced as follows:
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Cancellation of the Supervisory Board
To further enhance the effectiveness of corporate governance and streamline management processes, the Company plans to abolish the supervisory board and the position of supervisors. The powers previously exercised by the supervisory board will be transferred to the audit committee of the board of directors. Relevant provisions in the Articles of Association regarding the supervisory board and other clauses will be revised accordingly. Upon approval by the shareholders' meeting, the "Rules of Procedure for the Supervisory Board" will be abolished, and the supervisory board will cease to perform its duties. The supervisors and employee representatives will be automatically relieved of their positions. The Company has informed the supervisors of the relevant situation. The Company sincerely thanks the supervisors for their diligence and contributions to corporate governance and development during their tenure. In light of the cancellation of the supervisory board and the needs of the Company's operational development, adjustments to the governance structure will be made, as detailed in the attached governance structure diagram. -
Changes in Business Scope
Based on the Company's strategic development and operational needs, the Company plans to change its business scope as follows:
| Original Business Scope | Changed Business Scope |
|---|---|
| General items: Production of magnetic materials; Sales of magnetic materials; Photovoltaic equipment and components manufacturing; Sales of photovoltaic equipment and components; Manufacturing of electronic components and electromechanical assembly equipment; Sales of electronic components and electromechanical assembly equipment; Battery manufacturing; Battery sales; Manufacturing of non-ferrous metal alloys; Sales of non-ferrous metal alloys; Sales of gas and liquid separation and purification equipment; Technical services, technical development, technical consulting, technical exchanges, technology transfer, technology promotion; Import and export of goods; Technology import and export. (Except for projects that require approval according to law, business activities can be carried out independently with a business license) | General items: Production of magnetic materials; Sales of magnetic materials; Manufacturing of photovoltaic equipment and components; Sales of photovoltaic equipment and components; Manufacturing of electronic components and electromechanical assembly equipment; Sales of electronic components and electromechanical assembly equipment; Battery manufacturing; Battery sales; Manufacturing of non-ferrous metal alloys; Sales of non-ferrous metal alloys; Manufacturing of electronic components; Sales of power electronic components; Processing of mechanical parts and components; Technical services, technical development, technical consulting, technical exchanges, technology transfer, technology promotion; Import and export of goods; Technology import and export (Except for projects that require approval according to law, business activities can be carried out independently with a business license). |
- Revision of the Articles of Association
In accordance with the provisions of the Company Law, the Guidelines for Articles of Association of Listed Companies, and other relevant laws and regulations, and considering the actual situation of the Company, the Company plans to revise relevant clauses in the Articles of Association, with specific revisions as follows: