BJBASHI(SH:600386) Xin Lang Cai Jing·2025-09-22 12:54Core Viewpoint - Beijing Bus Media Co., Ltd. has revised its company charter for 2025 to enhance governance and adapt to market demands, detailing the organizational structure, operational rules, and rights and obligations of shareholders and management [1][3]. Group 1: Company Structure and Governance - The company was established in 1999 and listed on the Shanghai Stock Exchange in 2001, with a registered capital of 80.64 million yuan [1]. - The revised charter emphasizes fair and just principles for share issuance, with strict procedures for share increases, reductions, repurchases, and transfers to maintain stable equity structure [1]. - Shareholder rights and obligations are clearly defined, including profit distribution, participation in shareholder meetings, and supervision of company operations, while also imposing restrictions on share transfers [1][2]. Group 2: Board and Management - The board of directors consists of 9 members, including a chairman, and is responsible for major decisions such as operational policies and financial plans [2]. - The charter outlines the qualifications, terms, and duties of directors, as well as the establishment of specialized committees for audit, strategy, nomination, and compensation [2]. - The management team, led by a general manager appointed by the board, is responsible for daily operations and implementing board decisions [2]. Group 3: Financial and Operational Procedures - The company adheres to legal regulations in its financial practices, ensuring regular reporting and prioritizing cash dividends for investors [2]. - Internal auditing is implemented to oversee business activities, and specific regulations are in place for the appointment of accounting firms and legal advisors [2]. - The charter also details procedures for significant corporate actions such as mergers, divisions, capital increases, and dissolutions [3].