Yonyou(SH:600588) Zheng Quan Zhi Xing·2025-06-06 10:26Core Viewpoint - The company is revising its Articles of Association and related rules to comply with the requirements for issuing H shares and listing in Hong Kong, ensuring alignment with both domestic and Hong Kong regulations [1][2]. Group 1: Reasons and Basis for Revision - The revision is necessitated by the issuance of H shares and listing requirements, guided by various laws and regulations including the Company Law and the Hong Kong Stock Exchange Listing Rules [1]. - The company aims to adapt its Articles of Association and related rules to meet the practical needs and regulatory requirements for H share issuance and listing [1][2]. Group 2: Specific Amendments to Articles of Association - The original Article 2 states the company is established under Chinese law, while the revised version includes provisions for H shares and their registration in Hong Kong [1]. - The revised Article 20 specifies that H shares will be primarily held in a central clearing system in Hong Kong, contrasting with the A shares held in China [1]. - Amendments to Article 21 clarify the total number of shares post-H share issuance, with specific details on the issuance process and potential over-allotment [1][2]. Group 3: Shareholder Rights and Obligations - The revised Articles outline shareholder rights, including the right to dividends and participation in shareholder meetings, ensuring compliance with both domestic and Hong Kong regulations [3][4]. - Shareholders are required to adhere to legal obligations and the company's Articles, with specific provisions for the transfer and pledge of shares [4][5]. - The company emphasizes the importance of transparency and disclosure in shareholder meetings, including the requirement for detailed information on director candidates [6][7].