Mininglamp Technology (明略科技) released details of its Eighth Amended and Restated Memorandum and Articles of Association, conditionally adopted on October 15, 2025 and scheduled to take effect on November 3, 2025. The announcement, filed under the Companies Act of the Cayman Islands, includes a revised share capital and clarifies various corporate governance provisions.

According to the document, the company’s authorized share capital is US$500,000, divided into 400,000,000 Class A Ordinary Shares and 100,000,000 Class B Ordinary Shares, all with a par value of US$0.001. During voting at general meetings, each Class A Ordinary Share carries one vote, while each Class B Ordinary Share carries ten votes, subject to a 30% total voting power limit until four calendar years from the listing date. Conversion mechanisms are outlined for Class B Ordinary Shares, including automatic conversion into Class A Ordinary Shares under specified circumstances, such as transfer of ownership outside the founder structure.

The Memorandum and Articles also detail requirements related to board composition, nomination and governance committees, and the retention of a compliance adviser for as long as weighted voting rights remain in effect. The company’s arrangements under this updated framework aim to maintain transparency on share structure, voting rights, and governance practices, in accordance with listing rules and Cayman Islands law.