Autel Technology plans H-share listing, governance overhaul
Autel Intelligent Technology Corp announced on November 13, 2025, a comprehensive corporate governance overhaul. The company will abolish its board of supervisors, with its functions transferred to the board's audit committee. This change necessitates revisions to the Articles of Association, the shareholder meeting rules, and the board of directors' meeting rules. The restructuring also includes the introduction of employee directors, adjusting the board of directors' composition.
In a separate announcement on November 13, 2025, Autel Technology detailed its plan for an H-share offering and listing on the Hong Kong Stock Exchange. The H-share listing, with a par value of CNY 1.00 per share, aims to enhance global operational capabilities and attract talent. The company also announced the appointment of Tianjian International Certified Public Accountants as its H-share offering and listing auditor. These proposals will be put to a shareholder vote at an extraordinary general meeting on November 28, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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