Chapter 1 General Principles
Article 1
To protect the legitimate rights and interests of Hefei Snowky Electric Co., Ltd. (hereinafter referred to as "the Company," "this Company"), its shareholders, employees, and creditors, and to regulate the organization and behavior of the Company, these Articles 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"), the Shenzhen Stock Exchange Listing Rules, the Guidelines for Articles of Association of Listed Companies, and other relevant regulations.
Article 2
The Company is a joint-stock limited company established in accordance with the Company Law and other relevant laws and regulations. The Company was established by the transformation of Hefei Snowky Electric Co., Ltd. into a joint-stock limited company through the initiation method; it is registered with the Hefei Market Supervision Administration and has obtained a business license, with a unified social credit code of 91340100577093846F.
Article 3
On August 25, 2023, the China Securities Regulatory Commission (hereinafter referred to as "CSRC") made a decision to approve the registration of the Company, which will issue 34.19 million ordinary shares to the public for the first time and will be listed on the Shenzhen Stock Exchange on January 11, 2024.
Article 4
The registered name of the Company is Hefei Snowky Electric Co., Ltd. The English name is Hefei Snowky Electric Co., Ltd.
Article 5
The Company's registered address is No. 369 Qingluan Road, Economic and Technological Development Zone, Hefei City, Anhui Province, postal code: 230601.
Article 6
The registered capital of the Company is RMB 182,993,441.
Article 7
The Company is a joint-stock limited company with perpetual existence.
Article 8
The chairman of the Company is the legal representative of the Company. If the chairman resigns, it is deemed that they have simultaneously resigned as the legal representative, and the method of their appointment and change shall be carried out in accordance with the relevant provisions of these Articles. 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 shall bear the legal consequences of civil activities conducted in the name of the Company. Restrictions on the powers of the legal representative set forth in these Articles 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 in accordance with the law or these Articles.
Article 10
Shareholders shall be liable to the Company only to the extent of their subscribed shares, while the Company shall be liable for its debts with all its assets.
Article 11
These Articles shall take effect from the date of their enactment and shall serve as a legally binding document regulating the organization and behavior of the Company, as well as the rights and obligations between the Company and its shareholders, and among shareholders. According to these Articles, shareholders may sue each other, 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" in these Articles refers to the general manager, deputy general managers, financial officer, and secretary of the board of directors of the Company.
Article 13
The Company shall establish a Communist Party organization and carry out party activities in accordance with the provisions of the Communist Party of China.