Busy Ming Group Co., Ltd. formally released its Articles of Association, stipulating key governance structures, share capital details, and operating regulations. According to the document, the company is incorporated in the People’s Republic of China as a joint stock limited company with perpetual existence. It has a total share capital of 217.84 million ordinary shares, comprising 1.92 million domestic unlisted shares and 215.92 million H shares.

The Articles of Association outline procedures for general meetings, share issuance, increases or reductions in registered capital, and mergers or divisions. They confirm that the company’s highest authority is the general meeting of all shareholders, followed by the Board of Directors, which holds authority over corporate strategies, profit distribution proposals, and appointment of senior management.

In addition, the document details the responsibilities of the company’s Audit Committee, emphasizing internal controls and the review of financial disclosures. Provisions on the duties of senior management and the legal obligations of directors, including loyalty and diligence toward the company, are also included. The company notes that in the event of dissolution or liquidation, it will follow the procedures mandated by relevant laws and regulations.

The Articles of Association further define business objectives, including maintaining a broad consumer base through the sale of snacks and related products. It additionally identifies the role of an employee representative director, underscoring the focus on balancing various stakeholder interests.

This official release clarifies Busy Ming Group Co., Ltd.’s intention to uphold transparent corporate governance, standardize internal controls, and align with applicable listing rules in its ongoing operations.