Summary by Futu AI
XIAMEN YIN HOUSE YANWO INDUSTRIAL CO., LTD. COMPLETED ITS FILING WITH THE SECURITIES AND EXCHANGE COMMISSION OF CHINA ON 25 SEPTEMBER 2023 AND LISTED ON THE HONG KONG UNITED EXCHANGE LIMITED ON 12 DECEMBER 2023 AND ISSUED 32,000,000 SHARES OF H SHARES FOR THE FIRST PUBLIC OFFERING OF 32,000,000 SHARES OF H SHARES WITH A FACE VALUE OF RMB 0.2 PER SHARE. THE COMPANY'S ARTICLES OF ASSOCIATION WERE APPROVED AT THE GENERAL MEETING ON MAY 25, 2023 AND WILL TAKE EFFECT FROM THE DATE OF THE IPO OF H SHARES. The Articles of Association specify the basic rules of corporate governance, such as the corporate purpose, scope of operations, issuance and transfer of shares, general meetings, board of directors, board of directors, financial accounting system, profit distribution and auditing. In addition, the Articles of Association provide for the procedures related to mergers, separations, additions, reductions, liquidations and liquidations.