JUNSHI BIO announces amendments to the company's articles of association. The main revisions include:1. Clarification that the company's registered capital is 985,689,871 yuan, with a total share count of 985,689,871 shares, including 766,394,171 A shares and 219,295,700 H shares.2. Adjustment of the powers of the Board of Directors and the Supervisory Board, adding certain responsibilities. For example, the Board of Directors now has the authority to decide on proposals for the full ownership, restructuring, demerger, reorganization, and dissolution of the company or its subsidiaries.3. Improvement of the profit distribution policy, clarifying the conditions and ratios for cash dividends. It stipulates that the company's annual cash profit distribution shall not be less than 20% of the distributable profit for that year, and the...Show More

JUNSHI BIO announces amendments to the company's articles of association. The main revisions include:1. Clarification that the company's registered capital is 985,689,871 yuan, with a total share count of 985,689,871 shares, including 766,394,171 A shares and 219,295,700 H shares.2. Adjustment of the powers of the Board of Directors and the Supervisory Board, adding certain responsibilities. For example, the Board of Directors now has the authority to decide on proposals for the full ownership, restructuring, demerger, reorganization, and dissolution of the company or its subsidiaries.3. Improvement of the profit distribution policy, clarifying the conditions and ratios for cash dividends. It stipulates that the company's annual cash profit distribution shall not be less than 20% of the distributable profit for that year, and the cumulative cash profit distributed over the last three years shall not be less than 30% of the average distributable profit for the last three years.4. Addition of clauses related to investor relations management, specifying the content and methods for communication with investors.5. Amendments to certain clauses in accordance with the requirements of the Star and the Hong Kong listing rules.The revised articles of association will take effect from the date of approval at the shareholders' meeting.