Holly Futures details governance, share structure in revised articles

Soho Holly Futures Co., Ltd. (the "Company") has formalized its operational and governance framework through updated Articles of Association. The Company, established on November 29, 2012, has a registered capital of RMB1,007,777,778. Its business scope includes commodity and financial futures brokerage, futures investment consulting, asset management, and fund sales.

The Company’s shares in issue total 1,007,777,778 ordinary shares, comprising 758,077,778 A Shares and 249,700,000 H Shares. The H Shares were listed on the Main Board of The Stock Exchange of Hong Kong Limited on December 30, 2015, while the A Shares were listed on the Main Board of the Shenzhen Stock Exchange on August 5, 2022. Shareholder rights and obligations, as well as procedures for meetings and resolutions, are clearly defined, including rules for share transfers and capital adjustments.

The updated articles also detail the composition and powers of the board of directors, which includes 8 directors with three independent directors. Special committees such as audit, nomination, remuneration, risk management, and strategic and ESG committees are established, underscoring a commitment to robust corporate governance and risk oversight.