Beijing 51WORLD Digital Twin Technology Co., Ltd. published its updated Articles of Association for February 2026. The document details the Company’s establishment as a joint-stock entity, specifying total issued ordinary shares of 406.36 million (rounded), an organizational framework, and regulations on capital increases, reductions, and share repurchases.

Key provisions include an outline of the shareholder structure and procedures for convening general meetings. The composition of the board of directors is set at nine members, three of whom serve as independent non-executive directors. The Articles define the responsibilities of the general manager and other senior executives, focusing on core areas such as day-to-day operations and internal oversight. The new framework also addresses internal audits, profit distribution, and measures for potential merger, division, dissolution, and liquidation.

The release underscores transparent corporate governance, with clear instructions for shareholders regarding participation, rights, and voting methods. It further clarifies the principles of financial accounting, details on dividends, and the hiring of accounting firms. The Articles take effect immediately, establishing the structural basis for the Company’s governance and compliance with applicable regulations at its publicly listed status.