Chapter 1 General Principles
Article 1
To further improve the governance structure of Tianhai Automotive Electronics Group Co., Ltd. (hereinafter referred to as "the Company"), fully reflect the intentions and demands of small and medium investors in major decision-making, and effectively safeguard the legal rights of small and medium investors to exercise shareholder rights, these measures are formulated in accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Rules for Shareholders' Meetings of Listed Companies," "Opinions on Further Promoting the Healthy Development of Capital Markets," "Opinions on Further Strengthening the Protection of the Legal Rights and Interests of Small and Medium Investors in Capital Markets," and the "Articles of Association" of the Company, combined with the actual situation of the Company.
Article 2
The term "small and medium investors" in these measures refers to shareholders of the Company other than the following:
- Shareholders who individually or collectively hold 5% or more (inclusive) of the Company's shares (including concerted actors);
- Directors and senior management personnel holding shares in the Company.