CICC Updates: Governing Articles Changed Again

China International Capital Corporation Limited (CICC) has announced the amendment of its articles of association, following approval at the first extraordinary shareholders' general meeting of 2025 on October 31, 2025. This marks the 16th amendment to the company's governing document.

The updated articles of association detail the company's structure, including a total issued share capital of 4,827,256,868 shares. This comprises 2,923,542,440 domestic listed shares (60.56% of ordinary shares) and 1,903,714,428 overseas listed foreign shares (39.44% of ordinary shares). The par value for each share remains RMB1.00. The company's registered capital is RMB4,827,256,868.

Key provisions in the amended articles include guidelines for share issuance, capital increases/reductions, and share buy-backs, requiring shareholder approval for various circumstances. The document also outlines the composition and powers of the board of directors, the establishment of the Party Committee, and the roles of the Audit and Risk Management Committees. Shareholders' rights, including profit distribution policies and conditions for cash dividends, are also clarified, emphasizing reasonable investment returns and stability.