Ab&B Bio-Tech to Scrap Supervisory Committee and Revamp Governance Framework

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2026.04.19 11:37
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Ab&B Bio-Tech CO., LTD. JS plans to abolish its Supervisory Committee and transfer oversight functions to the Board’s Audit Committee, aligning governance with operational needs and PRC company law. This change, subject to shareholder approval, will streamline internal oversight and amend the Articles of Association. Additionally, the company has reconstituted its Strategy Committee, appointing An Youcai as chairman, indicating a refreshed governance framework. Ab&B Bio-Tech operates in the biotechnology sector and is listed in Hong Kong, focusing on bio-tech products and services in the life sciences and healthcare supply chain.