The North Exchange has released an announcement on the "Stock Listing Rules of Beijing Stock Exchange".
According to the transitional arrangements related to the implementation of the new Supporting Rules of the Company Law by the China Securities Regulatory Commission, listed companies should, before January 1, 2026, establish an audit committee in the board of directors in accordance with the relevant provisions in the company's articles of association, exercise the powers of the supervisory board as stipulated in the Company Law, and do not appoint a supervisory board or supervisor. Before adjusting the internal supervisory structure of the company, the supervisory board or supervisor should continue to comply with the provisions regarding the supervisory board or supervisor in the original rules of the China Securities Regulatory Commission and the Beijing Stock Exchange.
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