- Lemo proposed amendments to its articles of association to abolish its supervisory committee and the office of supervisors.
- Audit committee would assume the functions and powers previously exercised by the supervisory committee.
- Board size is proposed to increase to nine directors from eight, including one employee director elected by the employees' representative congress.
- Articles of association changes also include updates to reflect an increase in share capital following the company’s initial public offering in December 2025.
- Amendments to the rules of procedures for the shareholders’ general meeting and the board of directors were also proposed, subject to shareholder approval at the annual general meeting on 18 May 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lemo Services Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260320-12061153), on March 20, 2026, and is solely responsible for the information contained therein.
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