BTG Hotels(SH:600258) Zheng Quan Zhi Xing·2025-08-29 17:14Core Viewpoint - Beijing Shoulv Hotel Group Co., Ltd. is proposing amendments to its Articles of Association, which require approval from the shareholders' meeting with a two-thirds majority vote from attending shareholders [1][2]. Summary by Sections Company Governance - The board of directors has approved the proposal to amend the Articles of Association, which is a special resolution requiring shareholder approval [1]. - The amendments include provisions regarding the appointment and responsibilities of the legal representative, ensuring that the company bears civil liability for actions taken by the legal representative [2][3]. Shareholder Rights and Obligations - The Articles serve as a binding document that regulates the rights and obligations between the company, shareholders, and management [3]. - Shareholders have the right to sue the company and its directors, supervisors, and senior management under the provisions of the Articles [3]. Share Issuance and Capital Increase - The company can increase its capital through various methods, including public and private offerings, and must adhere to the stipulations regarding the issuance of shares [5][6]. - The board can decide on share issuance within three years, provided it is approved by a two-thirds majority of the board [6]. Shareholder Meetings - The procedures for convening shareholder meetings and voting must comply with legal and regulatory requirements [16][26]. - Shareholders holding a significant percentage of shares can request the convening of a temporary shareholders' meeting under certain conditions [24][27]. Legal Compliance and Responsibilities - The company and its directors must comply with laws and regulations, and any violations can lead to legal consequences [18][24]. - Shareholders are obligated to act in the company's best interest and may face liability for any damages caused by the abuse of their rights [20][21].