Shenyang Blue Silver updates governance, fund use, and executive stock rules

Shenyang Blue Silver Industry Automatic Equipment has issued new management measures for the use of raised funds, effective October 22, 2025. These measures standardize the management and application of funds raised through securities issuance, ensuring dedicated use for main business activities and adherence to regulatory requirements. The company emphasizes compliance with national industrial policies and aims to enhance competitiveness and innovation.

Concurrently, the company updated its articles of association, also effective October 22, 2025. This revision details changes in share capital, shareholder rights, and board responsibilities, ensuring alignment with current legal and regulatory standards. Additionally, a new management system for directors' and senior executives' shareholdings and their variations has been implemented, effective October 22, 2025. This regulates the declaration, disclosure, and restrictions on stock transactions to prevent insider trading and market manipulation.

These integrated updates aim to strengthen internal controls, protect investor interests, and enhance operational efficiency and transparency in accordance with the latest laws and regulations.