SANY Heavy Industry Co., Ltd. released its revised Articles of Association, indicating that the company currently has a registered capital of RMB 8,474,390,037 and has issued both A shares and overseas-listed H shares. The text clarifies that the newly issued H shares will be applicable after listing on the Main Board of The Stock Exchange of Hong Kong Limited. The updated document spans 12 chapters, covering matters from share issuance procedures to the financial and audit framework, and underscores the protection of shareholders’ rights, especially for minority investors.

Key details in the revised document include the company’s organizational structure, stating that the Board of Directors consists of seven members, three of whom serve as independent non-executive directors to reinforce decision-making independence and oversight. The Articles also specify the audits, approval scope for major transactions, dividend distribution principles, and the responsibilities of senior management. Additionally, the updated policies define procedures for handling mergers, divisions, capital adjustments, and dissolution, while reinforcing stringent standards for internal audits and risk controls to ensure stable governance and transparent operations.