Summary by Moomoo AI
Petrochina (China National Petroleum Corporation), recently announced the revision of the company's articles of association. Since its establishment in 1999, the company has made several revisions to the articles of association to meet the needs of the company's development and market changes. The latest revision was approved by a resolution of the shareholders' meeting on June 5, 2023, and involves many aspects such as the general provisions of the company, business purposes and scope, shares and registered capital, reduction of capital and repurchase of shares. This revision aims to further regulate the company's organization and behavior, clarify the rights and obligations between the company and shareholders, directors, supervisors, senior management personnel, and have legal binding force. As a company listed in both Hong Kong and Shanghai, the revision of Petrochina's articles of association is of great reference value to investors.
