China Resources Double Crane Plans to Revise the Company Charter to Strengthen Governance and Compliance Systems

China Visitor Network Data
China Resources Double Crane Pharmaceutical Co., Ltd. held the 18th meeting of the 10th Board of Directors on March 18, 2026, during which the draft amendments to the Articles of Association were approved. The draft still requires approval from the general meeting of shareholders. This revision aims to comply with the latest legal and regulatory requirements and further improve the company’s governance structure.
The key revisions cover several critical areas:

1. Clarifying that the Audit and Risk Management Committee under the Board of Directors exercises the functions of the supervisory committee as stipulated in the Company Law, strengthening internal supervision mechanisms.
2. Detailing the responsibilities of independent directors and establishing a dedicated meeting mechanism, requiring that related-party transactions and other specific matters be reviewed by independent director meetings to enhance decision-making independence and protect minority shareholders’ rights.
3. Improving shareholder rights and procedures for shareholders’ meetings, including clarifying the rights and procedures for shareholders to review accounting books and vouchers, as well as resolving disputes over the validity of shareholders’ resolutions.
4. Strengthening the responsibilities and conduct standards for controlling shareholders, actual controllers, and senior management, clearly defining their obligations to maintain the company’s independence, avoid fund misappropriation, and their joint liabilities for violations.
5. Optimizing the composition and powers of the Board of Directors, stipulating that independent directors should constitute more than one-third of the board members, including at least one accounting professional, and listing specific standards for major transactions and related-party transactions requiring board review.
   Additionally, the amendments address the stability of profit distribution policies, improvements to the internal audit system, the statutory embedding of party organization functions, and the establishment of a chief legal officer system.
   This comprehensive revision of the Articles of Association marks an important step for China Resources Double Crane in enhancing corporate governance, strengthening internal controls, and protecting investors, laying a more solid institutional foundation for its long-term stable development.

Massive information, precise analysis, all on Sina Finance APP