Zhangjiang Hi-Tech updates articles, shareholders approve key resolutions

Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd. has revised its Articles of Association, effective November 2025. This comprehensive update, spanning multiple chapters, details the company's operational framework, shareholder rights, board structure, and financial policies. The revisions were approved during the company's first extraordinary general meeting of shareholders in 2025.

During this meeting on November 24, 2025, shareholders passed a special resolution to amend the Articles of Association and related rules, including the abolition of the supervisory board. The resolution received 98.0882% of votes in favor from A-shareholders, demonstrating strong approval for the updated governance.

The meeting, convened by the board of directors and chaired by vice chairman He Dajun, saw 2,407 shareholders and proxies, representing 819,966,808 shares (52.9458% of total voting shares). Lawyers from Shanghai Jintiancheng Law Firm confirmed that the meeting procedures and resolutions were legally valid, ensuring compliance with relevant laws and regulations.