XGIMI(SH:688696) Zheng Quan Zhi Xing·2025-09-02 16:15Core Viewpoint - The announcement details the revision of the company's articles of association and internal governance rules in preparation for the issuance and listing of H shares, ensuring compliance with relevant laws and regulations in both mainland China and Hong Kong [1][2]. Company Articles Revision - The draft articles of association and related rules were developed based on the requirements for issuing H shares and listing, in accordance with the Company Law of the People's Republic of China and the Hong Kong Stock Exchange listing rules [1][2]. - The revisions include adjustments to the articles of association to align with the new regulatory environment and the company's operational needs post-H share issuance [2][3]. Governance Structure - The company’s governance structure will be updated to reflect the new H share issuance, including the establishment of rules for shareholder meetings and board meetings [1][2]. - The board of directors is authorized to make adjustments to the articles and rules as necessary, ensuring that such changes do not adversely affect shareholder rights [2][3]. Shareholder Rights and Obligations - The revised articles outline the rights of shareholders, including the right to dividends, participation in meetings, and the ability to supervise company operations [10][11]. - Shareholders are required to comply with laws and the articles of association, including obligations related to capital contributions and the prohibition of actions that harm the company or other shareholders [11][12]. Financial and Operational Guidelines - The articles specify the procedures for capital increases and decreases, as well as the conditions under which the company can repurchase its shares [5][6]. - The company must adhere to specific financial thresholds for guarantees and other financial commitments, ensuring transparency and accountability in its financial dealings [12][13].