Fortior Technology (Shenzhen) Co., Ltd. has released an updated Articles of Association dated December 2025. It reaffirms its status as a joint stock company with limited liability, covering core topics such as corporate governance structure, share issuance, financial rules, and board responsibilities.
According to the document, the registered capital stands at RMB114,832,780, comprising 93,276,780 A Shares and 21,556,000 H Shares. These shares trade on the Shanghai Stock Exchange and The Stock Exchange of Hong Kong Limited, reflecting the company’s dual listing structure. The Articles stipulate that the A Shares are deposited with the Shanghai branch of a recognized clearing institution, and H Shares primarily under a Hong Kong custodian, ensuring regulatory compliance in both markets.
The Articles outline several key aspects of the board structure. The document specifies that the board shall consist of five directors, with independent directors serving an oversight role. The general manager and other senior management positions are detailed, including procedures on appointments, term lengths, and applicable legal qualifications. The company has also clarified the authority and responsibilities of its board-led committees, notably the Audit Committee, which oversees financial disclosure and internal auditing, and additional specialized committees tasked with strategy and remuneration matters.
Clear guidelines on profit distribution are provided, detailing that the company prioritizes stable shareholder returns, subject to regulatory constraints. Dividend policies specify that cash distributions are a primary method, with thresholds linked to profitability and growth considerations. Any adjustments to these policies require board review and, where necessary, approval by shareholders.
The document further addresses procedures for share repurchases, capital adjustments, and corporate transformations such as mergers or divisions. Clear rules on notifying creditors and fulfilling legal obligations in these scenarios are emphasized. The Articles also highlight detailed regulations on convening shareholders' general meetings, the scope of resolutions, and voting mechanisms, including the use of cumulative voting when electing or dismissing directors.
These updates to the Articles of Association represent Fortior Technology (Shenzhen) Co., Ltd.’s ongoing efforts to maintain regulatory compliance and strengthen corporate governance. The full text includes 11 chapters and 209 articles, confirming the company’s internal rules on shareholder rights, board duties, and financial operations, with the ultimate goal of aligning its governance framework with applicable laws and the requirements of its dual listing markets.
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