Beijing Xunzhong Communication Technology Co., Ltd. (abbreviated as Xunzhong Co., Ltd., stock code 832646) has released its Articles of Association, dated November 2025. According to the announcement, this document serves as a formal basis for regulating the company’s organizational composition, shareholder rights, and overall governance structure. The registered capital is specified at RMB121,754,291, while total issued shares stand at 121,754,291, including 30,440,000 H shares.

The published Articles detail the responsibilities and processes of the Board of Directors, which comprises eight members, including three independent directors. The document defines rules for share issuance, group mergers and divisions, financial management, profit distribution, and liquidation procedures. Additionally, it clarifies that major transactions, such as asset purchases and capital increases, must adhere to stipulated thresholds for approval.

The updated provisions also outline the roles of senior management and the manager’s accountability. Specific voting and disclosure protocols are reiterated to ensure open and fair shareholder participation, with separate procedures for connected transactions to protect minority interests. The Articles further confirm the right of shareholders to attend meetings and oversee corporate activities in keeping with industry regulations. According to the announcement, the changes become effective upon approval by the designated authorities or the completion of relevant registration procedures.