Soho Holly Futures Co., Ltd. released key details of its newly revised Articles of Association. The document clarifies the company’s structure as a joint stock limited entity with a registered capital of RMB1,007,777,778. It outlines core business operations, including commodity and financial futures brokerage, asset management, and fund sales.

The Articles of Association define shareholders’ rights, obligations, and meeting procedures. Shareholders can vote on important matters such as distribution of profits, mergers, demergers, and material transactions. Directors and senior management are required to possess relevant professional experience, including familiarity with futures regulations. Independent directors account for a significant portion of the Board and have clear obligations in supervising major decisions, connected transactions, and the company’s risk profile.

The newly established Party Committee maintains alignment with the Communist Party of China’s guidelines and ensures consideration of significant matters in corporate decisions. Provisions also address procedures for increases or reductions in registered capital, share repurchases, and possible dissolution or liquidation. In all cases, the priority is the protection of shareholders, creditors, and client assets, with a clearly delineated process for investor and regulatory communication.

The Articles further strengthen mechanisms for internal auditing, compliance oversight, and information disclosure. Clear guidelines on financial accounting, appointment of external auditors, and board functions aim to improve transparency. Overall, these highlights suggest enhanced legal and organizational structures, giving detailed guidelines on duties and obligations for all corporate participants.