Does the amendment to the Articles of Association have to be reviewed by the directors?

The change of articles of association refers to the modification of articles of association that have come into effect.

1. First of all, the board of directors usually proposes to amend the articles of association.

2. The amendment of the Articles of Association is a matter for consideration by the shareholders' meeting, and the shareholders shall be informed of the proposal to amend the Articles of Association.

3. Modifying the Articles of Association belongs to the statutory authority of the shareholders (general meeting of shareholders), which requires the shareholders (general meeting of shareholders) to make a resolution.

4. Modifying the Articles of Association requires the consent of shareholders.