Summary by Futu AI
PetroChina recently announced the revision of its articles of association to the public. Since its establishment in 1999, the company has revised its articles of association multiple times to meet the needs of company development and market changes. The latest revision was passed by a special resolution of the shareholders' meeting on June 5, 2023, covering various aspects such as the general provisions, business objectives and scope, shares and registered capital, reduction of capital and repurchase of shares. The purpose of this revision is to further regulate the organization and behavior of the company, clarify the rights and obligations between the company and shareholders, directors, supervisors, and senior management, and has legal binding force. As a company listed in Hong Kong and Shanghai, the revision of PetroChina's articles of association is of great reference value to investors.