Shandong Chenming Paper Holdings Limited has released an updated version of its Articles of Association. According to the document, the full text incorporates multiple revisions approved at various shareholders’ meetings, most recently culminating in changes ratified at the 2025 1st Extraordinary General Meeting.

The document confirms that the company’s total issued ordinary share capital stands at 2,934,556,200 shares, comprising A shares, B shares, and H shares. It also details the structure and responsibilities of the Board of Directors, including provisions for independent directors and special committees such as the Audit Committee, which now oversees internal audit and financial disclosure matters. In addition, the Articles outline the party organization’s role, risk management requirements, and the procedures for major corporate actions, such as mergers, divisions, and capital changes.

The revised Articles emphasize shareholder rights, stipulate profit distribution methods (including provisions for cash and share dividends), and clarify the responsibilities of the general manager and senior management. They also reinforce rules on connected transactions and the safeguarding of minority shareholder interests. The announcement indicates that these changes have been made to ensure compliance with prevailing regulations and to strengthen corporate governance.