Shanghai Fudan Microelectronics Group Company Limited (Stock Code: 1385) recently announced the proposed adoption of a draft new Articles of Association. According to the announcement, shareholder approval will be sought by way of a special resolution at the upcoming general meeting. The announcement stated that the draft incorporates all proposed amendments and is subject to final confirmation at the shareholder level.

Key details highlight that the Company, originally established by promotership in 1998, intends for this updated document to formalize its internal governance framework under prevailing laws, regulations, and listing rules. The draft covers general provisions, including share issuance, shareholders' meeting procedures, the Board of Directors' composition, and audit committee responsibilities. It also reflects the Company’s current shareholding structure, registered capital, and the basic principles guiding profit distribution and internal auditing.

The Company emphasized that if the Chinese and English versions of the draft new Articles of Association differ, the Chinese text shall prevail. The Board indicated that further announcements would be made upon receipt of shareholder approval, in line with applicable listing and regulatory requirements.