Qingdao Port International Co., Ltd. announced newly revised Articles of Association, outlining the company’s governance framework, scope of business, share capital structure, and corporate management practices. The document clarifies rights and obligations of shareholders, highlights the board of directors’ functions, and specifies the procedures for general meetings and the roles of senior executives.
The Articles confirm a total share capital of 6,491,100,000 shares, composed of 5,392,075,000 A shares and 1,099,025,000 H shares. The company details its mechanisms for events such as mergers, divisions, or liquidation, alongside provisions ensuring transparent finance and auditing procedures. The text also specifies the establishment of specialized committees under the board of directors—covering audit, strategy, nomination, and remuneration—to strengthen business oversight and enhance governance effectiveness.