Guangzhou Xiao Noodles Catering Management Co., Ltd. announced its Articles of Association in preparation for its planned listing on The Stock Exchange of Hong Kong Limited. According to the document, the Company’s registered capital stands at RMB12,266,496, reflecting its reorganization from a formerly limited liability company. Records show that, upon establishment, the Company issued 613,324,800 shares (par value RMB0.02 each), subscribed by a group of promoters including Huai’an Chuangtao Enterprise Management Partnership (Limited Partnership) and others.
The Company aims to offer H shares overseas and be listed on the Main Board of the Hong Kong Stock Exchange in 2025. Its share capital structure, upon completion of the proposed issuance (with or without exercising the overallotment option), will include domestic unlisted shares and H shares. The Articles of Association detail the focused business scope—ranging from catering services and food sales to supply chain management—and outline internal governance procedures, including the responsibilities of the Board of Directors, Supervisory Committee, and senior management members.
Under the outlined structure, the Board of Directors consists of seven members, with key committees—Audit, Remuneration and Appraisal, and Nomination—set up for specialized oversight. The Supervisory Committee oversees major corporate matters, including regular reviews of financial reports and the power to investigate operational irregularities. The Articles of Association also provide for shareholders’ rights and obligations, scenarios for capital changes, and regulations on profit distribution.
This publication states that after the Company’s H-share issue, all changes to registered capital must comply with relevant laws and be filed with authorities. The Articles of Association will become effective upon the listing date, and any amendments are subject to formal approvals. The official release underlines Guangzhou Xiao Noodles Catering Management Co., Ltd.’s commitment to corporate governance and transparency in its forthcoming public offering.