New Hope Liuhe announces governance document revisions, extraordinary shareholder meeting

New Hope Liuhe (NHLH) held its Tenth Board of Directors' Ninth Meeting on December 10, 2025, to approve several key corporate governance revisions. The board approved amendments to the Articles of Association, Shareholder Meeting Rules, and Board Meeting Rules, which included removing supervisory board content, enhancing the audit committee's functions, and introducing employee-representative directors. The company's registered capital was updated to RMB 4,502,580,201.

Further revisions were made to the External Guarantee Management System to strengthen risk control and to several internal governance policies, including those related to special committees, independent directors, related party transactions, and information disclosure. These changes aim to enhance the company's operational efficiency and protect investor interests.

The board also approved the formulation of a new Internal Audit Management System to bolster internal controls and risk prevention. All approved proposals will be submitted for shareholder approval at the Third Extraordinary Shareholders' Meeting of 2025, scheduled for December 26, 2025, in Chengdu. Shareholders can participate both in person and via online voting.