Chapter 1 General Principles
Article 1
These Articles of Association are established by Haima Automobile Co., Ltd. (hereinafter referred to as "the Company") in accordance with the Company Law of the People's Republic of China and other relevant regulations.
Article 2
The Company is established in accordance with the approval of the China Securities Regulatory Commission on June 25, 1994, and was registered on August 8, 1994, at the Shenzhen Stock Exchange.
Article 3
The registered name of the Company is Haima Automobile Co., Ltd.
Article 4
The registered address of the Company is: 12-8 Jinpan Road, Jincheng Industrial Zone, Haikou City, Hainan Province, 570216.
Article 5
The registered capital of the Company is RMB 1,644,636,426.
Article 6
The business term of the Company is indefinite.
Article 7
The Company shall have a legal representative, who shall be the chairman of the board of directors.
Article 8
The Company shall be responsible for its own debts with its assets.
Article 9
The Company shall not be liable for the debts of its shareholders.
Article 10
The Articles of Association shall take effect from the date of approval by the relevant authorities.
Chapter 2 Business Scope
Article 11
The business scope of the Company includes: automobile manufacturing, investment in automobile projects, and related services.
Article 12
The Company may engage in other activities permitted by law.
Chapter 3 Shares
Article 13
The Company’s shares shall be issued in the form of ordinary shares.
Article 14
The issuance of shares shall be conducted in accordance with the principles of openness, fairness, and justice.
Article 15
The Company shall not issue shares with a par value of less than RMB 1.
Article 16
The Company shall issue shares in accordance with the relevant laws and regulations.
Article 17
The Company shall not issue shares that are not fully paid.
Article 18
The Company shall issue shares in accordance with the regulations of the Shenzhen Stock Exchange.
Article 19
The Company shall not issue shares that are not in compliance with the relevant laws and regulations.
Article 20
The Company shall not issue shares that are not in accordance with the Articles of Association.
Article 21
The Company shall not use the shares held by the Company or its controlling shareholders to engage in short-selling or other activities that may harm the interests of the Company or its shareholders.
Article 22
The Company shall ensure that the issuance of shares complies with the relevant laws and regulations, and shall not engage in any activities that violate the interests of the Company or its shareholders.
Article 23
The Company shall maintain the integrity of its financial statements and ensure that they are true, accurate, and complete.
Article 24
The Company shall not engage in any transactions that may lead to conflicts of interest, and shall disclose any potential conflicts of interest to the shareholders.
Article 25
The Company shall establish a sound internal control system to ensure the effective management of its operations and compliance with laws and regulations.
Article 26
The Company shall disclose its financial information in a timely manner, and ensure that such information is accurate and complete.
Article 27
The Company shall not engage in any illegal activities, including but not limited to fraud, embezzlement, or insider trading.
Article 28
The Company shall establish a mechanism for handling complaints from shareholders and ensure that such complaints are addressed in a timely manner.