Yantai North Andre Juice Co., Ltd.* published its updated Articles of Association, which outlines corporate governance practices, share capital structure, and operational scope. According to the announcement, the company’s total share capital is 341,200,000 shares, consisting solely of ordinary shares.

The document clarifies that the company, established as a Sino-foreign joint venture, has a registered capital of RMB 341,200,000 yuan and is listed on the Shanghai Stock Exchange since September 18, 2020. The business scope includes fruit and vegetable juice production, fruit vinegar, jam, iron packaging, biological utilization of pomace, and leasing among other related services.

The board of directors consists of nine members, with three serving as independent non-executive directors. The Articles of Association detail the board’s responsibilities, including formulating profit distribution plans, deciding on major transactions such as mergers and divisions, and appointing or dismissing key management personnel. An Audit Committee is set up under the board to focus on internal and external auditing, accompanied by other committees for nomination, remuneration, and strategic management.

The revised Articles of Association also specify guidelines for shareholders’ rights and obligations, procedures for convening general meetings, and requirements for information disclosure. The company reiterates its commitment to transparent corporate governance, clear internal controls, and strict adherence to applicable legal and regulatory standards.