CiDi Inc.: Key Details from the Newly Released Articles of Association

Bulletin Express
Mar 02

CiDi Inc. (希迪智駕科技股份有限公司) has released its latest Articles of Association. According to publicly disclosed information, the company was reincorporated from Changsha Intelligent Driving Research Institute Company Limited and is registered with a unified social credit code of 91430100MA4M6HQ923.

Following its listing on the Main Board of the Hong Kong Stock Exchange on December 19, 2025, CiDi Inc. split each share into ten on March 2, 2026, adjusting the par value from RMB1.00 to RMB0.10. This move brought the total number of shares from 43.79 million to 437.89 million. The registered capital stands at RMB43.79 million, while total investment is RMB76.76 million.

The Articles also outline the company’s governance framework. The Board comprises eight directors, including three independent non-executive directors and one employee director. The general manager serves as the legal representative. Shareholders are granted various rights, including dividends and participation in major decisions through general meetings. The document provides details on procedures for capital increases, reductions, mergers, and divisions, alongside mechanisms for internal audits and financial disclosures.

Under these Articles, CiDi Inc. sets forth a wide scope of business, including manufacturing of intelligent vehicle equipment, components, and software development. It has also established rules covering Board responsibilities and disclosure requirements. The updated provisions highlight the company’s commitment to compliance, stating that special resolutions are required for significant proposals such as mergers, divisions, and major asset transactions.

These revised Articles of Association came into effect in March 2026, aligning CiDi Inc.’s corporate structure and governance practices with all necessary regulatory requirements.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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