InnoScience (Suzhou) Technology Holding Co., Ltd. released updated Articles of Association scheduled to take effect in October 2025. According to the document, the Company is registered as a joint stock limited company with limited liability, holding a total of 915,100,653 shares.

The new Articles outline detailed procedures for future corporate governance. The Board of Directors will consist of 11 members, including 4 independent non-executive directors. An Audit Committee will oversee financial disclosures and risk management, replacing the former supervisory committee setup. Various subject matters—such as share issuance and transfer, external guarantees, appointment of senior management, and key internal controls—are subject to specific approval thresholds laid out in the updated text. The document also reaffirms rules on capital decreases or increases, dividend distributions, and methods for corporate dissolution and liquidation.

Under these new regulations, directors and senior management are required to act with loyalty and diligence when carrying out their responsibilities. In addition, the new text formalizes a mechanism for handling conflicts of interest, ensuring fair transactions for all shareholders. The Company emphasizes that any major acquisitions or sales of assets exceeding 30% of its most recently audited total assets must be approved by a shareholders’ meeting.

The new Articles furthermore specify the Company’s internal audit procedures, led by the Audit Committee. External audits will continue to be handled by an accounting firm appointed and supervised by shareholders, with clear guidelines on establishing and dismissing engagements. The Company will maintain its financial disclosures in line with domestic requirements and standards of the listing venues it trades on.

The full text indicates that these updated provisions supersede any prior versions and are binding upon the Company, its shareholders, and its management. In alignment with disclosure rules, InnoScience (Suzhou) Technology Holding Co., Ltd. has underscored that it will continue to abide by all applicable listing and regulatory obligations.