Busy Ming Group Co., Ltd. has released its formal Articles of Association, outlining core corporate governance regulations in anticipation of its planned H-share issuance and listing on The Hong Kong Stock Exchange. These Articles, prepared in accordance with the Company Law of the People’s Republic of China, the Securities Law of the People’s Republic of China, and the Listing Rules of the Hong Kong Stock Exchange, establish robust management structures and clarify shareholder rights.

The document indicates an initial issuance of 40,000,000 shares subscribed by promoters, with a par value of RMB1 per share. The Company’s registered address is located in Changsha, Hunan Province, and the business scope references snack retail services, food import and export, and other areas of authorized operation. The chair of the board serves as the Company’s legal representative, and the Company is entitled to issue domestic unlisted shares and H shares, reflecting a dual structure in alignment with cross-border listing practices.

The corporate governance framework includes a nine-member Board of Directors, featuring three independent directors who are tasked with strengthening oversight. The Board holds authority to convene general meetings and manage capital-related matters—such as profit distribution and potential capital increases or reductions—while an Audit Committee assumes the supervisory role typically held by a board of supervisors. The Company also maintains a general manager and other senior management roles, with duties and responsibilities detailed under the Articles of Association.

These Articles specify the rights and obligations of shareholders, including profit distribution proportions and general meeting protocols. Should the Company engage in corporate actions such as mergers, divisions, or share repurchases, comprehensive procedures are set forth to protect shareholders’ and creditors’ interests. The procedures for changes to registered capital, appointment of auditors, and the handling of forward-looking transactions are governed by resolutions of the general meeting or, when authorized, the Board.

With this announcement, Busy Ming Group Co., Ltd. provides the official regulatory foundation for its corporate governance structure, setting the stage for the Company’s upcoming H-share listing on The Hong Kong Stock Exchange.