Liaoning Port updates articles of association, board structure

Liaoning Port Co., Ltd. has adopted updated articles of association, replacing any inconsistent previous resolutions or regulations. The company's registered capital is RMB23,571,767,213, with 18,413,051,214 shares held by domestic shareholders (78.11%) and 5,158,715,999 shares by foreign shareholders (21.89%). The updated articles clarify provisions on share issuance, reduction, and repurchase, including requirements for general meeting approval for certain guarantees and capital increases, and specifies that no cash profit distribution has been made in the recent three years.

The board of directors now comprises nine directors, including three independent directors and one employee director. Dr. Li Guofeng serves as chairman, with Mr. Wei Minghui as general manager. Key board committees have also been formed, including the strategic and sustainable development committee chaired by Dr. Li Guofeng, the nomination and remuneration committee chaired by Dr. Liu Chunyan, the audit committee chaired by Ms. Cheng Chaoying, and the financial management committee chaired by Mr. Chan Wai Hei.

All future notices and information will be disseminated through electronic means, public announcements on the SEHK website, and the company's website, ensuring full disclosure and adherence to regulatory requirements. The Chinese version of the articles will prevail in cases of ambiguity.