China Communications Services Corporation Limited has announced a revised version of its Articles of Association, approved on 23 October 2025, detailing the company’s framework for governance and operations. The document presents updated provisions on shareholding structure, directors' responsibilities, voting procedures, and other matters related to corporate management.

According to the revised Articles, the company’s registered capital remains at RMB 6,926,018,400, divided into ordinary shares with a nominal value of RMB1.00 each. The text specifies that domestic-invested and overseas-listed foreign-invested shares have the same rights and obligations. The Articles reiterate that at least one-third of the board members must be independent directors, enhancing decision-making transparency and reinforcing the protection of shareholders’ interests.

The updated document clarifies that the board of directors is responsible for strategy, significant operational decisions, and risk control. It outlines procedures for the removal and appointment of directors and regulates the duties and obligations of senior officers. The company’s audit committee is granted supervisory responsibilities traditionally held by a supervisory committee. The text also emphasizes that the Party Committee will provide guidance on major business matters and issues relating to leadership appointments.

The revision includes provisions on dividend distribution, the issuance and transfer of shares, and merger or dissolution procedures. Relevant procedures for convening general meetings are also outlined, including requirements to notify shareholders well in advance and the rights of shareholders to propose or vote on significant matters. The Articles further reaffirm the arrangement for allocating and utilizing reserve funds in accordance with applicable regulations. These changes collectively aim to continue improving corporate governance standards and operational management for China Communications Services Corporation Limited.