Anhui Expressway Company Limited (incorporated in the People’s Republic of China with limited liability, stock code: 995) has issued a revised version of its Articles of Association. The new document spans 25 chapters and 249 articles, covering aspects such as scope of business, shares and registered capital, shareholder rights and obligations, board structure, management duties, financial and accounting systems, and procedures for profit distribution.

According to the announcement, the total registered capital stands at 1,708,591,889 ordinary shares, including 1,165,600,000 domestic shares and 542,991,889 Hong Kong-listed overseas shares. The board of directors consists of nine members, and the audit committee fulfills key supervisory functions in place of a separate supervisory committee. The role of the general meeting as the ultimate authority in major decisions—such as amendments to the Articles, mergers, and capital changes—remains central, while mechanisms for profit distribution include allocating funds to reserve pools and ensuring statutory requirements are met.

The announcement also outlines provisions regulating potential mergers and demergers, as well as procedures for liquidation if certain conditions arise. Emphasis is placed on the duties and obligations of directors and management, including fiduciary responsibilities, requirements for disclosure of conflicts of interest, and rules governing connected transactions.

Under the revised Articles of Association, independent opinions by appointed directors and compliance with information disclosure requirements are highlighted. Investors and stakeholders are advised that all details and governance practices must comply with applicable laws, regulations, and the newly updated document.