UISEE Technology (Beijing) Co., Ltd. (“UISEE Tech”) released a revised 2026 Articles of Association that sets out its corporate framework in line with the PRC Company Law, Securities Law and the Hong Kong Listing Rules as the autonomous-driving solutions provider prepares for an H-share listing on the Hong Kong Stock Exchange.
Key corporate details • Legal form & registration: Joint-stock limited company, unified social credit code 91110111MA003JG31Y; registered office at Room 101, Yuan Building 1, No. 85 Hongan Road, Fangshan District, Beijing. • Listing timetable: Filed with the China Securities Regulatory Commission on 22 Dec 2025 and has obtained HKEX approval to float an unspecified number of H shares on the Main Board in 2026. Each share has a par value of RMB0.10 and will be traded in Hong Kong dollars. • Registered capital: To be updated upon completion of the IPO.
Share structure before IPO The company has issued 14.80 million ordinary shares to 49 founding shareholders. Largest stakes include: – Founder Wu Gansha: 2.43 million shares (16.44%). – Beijing Simaju Technology Center (LP): 1.41 million shares (9.53%). – Beijing Deep Glint Technology Co., Ltd.: 1.17 million shares (7.89%). – Jiang Yan: 0.71 million shares (4.77%). No single shareholder holds absolute control; all founders contributed via net-asset swaps completed on 31 Oct 2024.
Governance architecture • Board: Nine directors, including three independent non-executive directors; the board must meet at least four times a year. • Audit Committee: Three members (two independent), assumes all statutory supervisory functions and must approve key items such as financial disclosures, auditor engagement and major policy changes. • Additional committees: Strategy, Nomination, Remuneration & Appraisal to support board oversight. • Party organisation: A Communist Party committee will be established within the company in accordance with PRC regulations.
Shareholder rights & capital management • Major matters—capital changes, bond issues, mergers, divisions or dissolution—require a two-thirds super-majority at a general meeting. • The company may repurchase up to 10% of issued shares for purposes such as employee incentive plans, M&A or value protection. • External guarantees exceeding 30 % of total assets, or benefiting shareholders/related parties, must be approved by shareholders holding more than two-thirds of votes cast.
Dividend policy UISEE Tech targets “steady growth” in cash dividends, subject to profitability, liquidity and a maximum 70 % debt-to-asset threshold. Interim dividends are permitted; distributions must be completed within two months following shareholder approval.
Financial reporting & audit • Annual reports to be published within four months of fiscal year-end; interim results within two months of half-year end. • An external accounting firm, appointed annually by shareholders, will audit financial statements, while an internal audit department, overseen by the Audit Committee, will monitor controls and risk management.
Dissolution & liquidation Triggers include expiry of business term, shareholder resolution, merger/division, licence revocation or court order. Directors form the liquidation committee and must notify creditors within 10 days of commencement.
The Articles of Association become effective upon the company’s H-share listing on HKEX, superseding all previous versions.