Shandong International Trust updates articles of association

Shandong International Trust Co., Ltd. (SITC) formalized its Articles of Association in November 2025. The company, established on July 10, 2015, as a joint stock limited company, has a registered capital of RMB4,658,850,000. Its shareholding structure comprises 4,658,850,000 ordinary shares, with domestic shareholders holding 3,494,115,000 shares (75%) and overseas listed shares accounting for 1,164,735,000 shares (25%).

The document details the company's business scope, including fund trusts, movable and real property trusts, marketable securities trusts, and investment management. Key governance aspects include the board of directors, which will have nine directors, with at least one-third being independent directors and one being an employee representative. Independent directors are required to work at the company for at least 15 working days annually.

Shareholders' rights and obligations, including restrictions on share transfers and conditions for capital increases or reductions, are clearly defined. The company's profit distribution policy aims for durability and stability, taking into account long-term interests and sustainable development.