Chapter 1 General Principles
Article 1 In order to protect the legitimate rights and interests of the company, shareholders, employees, and creditors, and to regulate the organization and behavior of the company, these Articles of Association are formulated in accordance with the Company Law of the People's Republic of China (hereinafter referred to as the "Company Law"), the Securities Law of the People's Republic of China (hereinafter referred to as the "Securities Law"), and other relevant provisions.
Article 2 The company is a joint stock limited company established in accordance with the "Guidelines for Joint Stock Limited Companies" and other relevant provisions (hereinafter referred to as the "Company"). The company has been standardized in accordance with the relevant provisions and has legally completed the re-registration procedures in accordance with the Company Law. The company was approved by the Guangdong Provincial Reform Commission and the Guangdong Provincial Pilot Review Group for Enterprise Shareholding System with document Yue Guo Shen [1993] No. 3, established through targeted fundraising; registered with the Industry and Commerce Administration Bureau of Shaoguan City, Guangdong Province, and obtained a business license with the license number 440200000001466. On April 1, 2016, the company's business license registration number was changed to the unified social credit code: 9144020019153918XA.
Article 3 The company was approved by the China Securities Regulatory Commission on August 9, 1996, to issue 25 million ordinary shares of RMB to the public, all of which were issued to domestic investors, and was listed on the Shenzhen Stock Exchange on August 30, 1996.
Article 4 The registered name of the company: Guangdong ShaoNeng Group Co., Ltd. The English name is: GuangDong ShaoNeng Group CO., LTD.
Article 5 The company's address: No. 16, Wujiang Avenue Middle, Wujiang District, Shaoguan City, Guangdong Province, Postal Code: 512026.
Article 6 The registered capital of the company is RMB 1,006,408,492.
Article 7 The company is a joint stock limited company with perpetual existence.
Article 8 The director representing the company in executing company affairs is the legal representative of the company, and the chairman is the director representing the company in executing company affairs. If the director serving as the legal representative resigns, it is deemed that they have simultaneously resigned as the legal representative. If the legal representative resigns, the company shall determine a new legal representative within thirty days from the date of resignation.
Article 9 The legal representative's civil activities conducted in the name of the company shall be borne by the company. Restrictions on the powers of the legal representative in these Articles of Association or by the shareholders' meeting shall not be opposed to bona fide third parties. If the legal representative causes damage to others while performing their duties, the company shall bear civil liability. After the company bears civil liability, it may seek compensation from the legal representative who is at fault according to the law or these Articles of Association.
Article 10 All assets of the company are divided into equal shares, and shareholders are liable to the company only to the extent of their shares. The company is liable for its debts with all its assets.
Article 11 These Articles of Association shall become a legally binding document regulating the organization and behavior of the company, as well as the rights and obligations between the company and shareholders, and among shareholders. According to these Articles of Association, shareholders may sue other shareholders, shareholders may sue the company's directors and senior management, and the company may sue shareholders, directors, and senior management.
Article 12 The term "senior management personnel" in these Articles of Association refers to the company's manager, deputy manager, board secretary, and financial officer.