Guoguang Electric Co., Ltd. Rules of Procedure for Shareholders' Meetings
Article 1 To regulate the operations of the shareholders' meetings of Guoguang Electric Co., Ltd. (hereinafter referred to as the "Company"), 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 "Company Law"), and other relevant laws, administrative regulations, and the Articles of Association, these Rules are formulated.
Article 2 The shareholders' meeting of the Company is composed of all shareholders of the Company and is the highest authority of the Company. The shareholders' meeting exercises its powers in accordance with the "Company Law", the Articles of Association, and these Rules.
Chapter Two Shareholders
Article 3 Shareholders of the Company are persons who legally hold shares in the Company.
Article 4 Shareholders enjoy rights and assume obligations according to the type and number of shares they hold; shareholders holding the same type of shares enjoy the same rights and assume the same obligations.
Article 5 The shareholder register is sufficient evidence to prove that a shareholder holds shares in the Company.
Article 6 The Company establishes the shareholder register based on the credentials provided by the securities registration institution.
Article 7 When the Company convenes a shareholders' meeting, distributes dividends, liquidates, or undertakes other actions that require confirmation of shareholder identity, the board of directors or the convener of the shareholders' meeting shall determine an equity registration date. Shareholders registered on the books at the close of trading on the equity registration date shall be the shareholders entitled to relevant rights and interests.
Article 8 Shareholders of the Company have the following rights: (I) To receive dividends and other forms of profit distribution in proportion to their shareholding; (II) To legally request the convening, calling, presiding over, or appointing an agent to attend the shareholders' meeting and exercise corresponding voting rights; (III) To supervise the Company's business activities according to law, and to make suggestions or inquiries; (IV) To transfer, gift, or pledge the shares they hold in accordance with laws, administrative regulations, and the Articles of Association; (V) To inspect and copy the Articles of Association, the shareholder register, the minutes of shareholders' meetings, the resolutions of the board of directors' meetings, and the financial accounting reports. Shareholders who meet the prescribed conditions may inspect the Company's accounting books and accounting vouchers; (VI) Upon termination or liquidation of the Company, to participate in the distribution of the Company's remaining property in proportion to their shareholding; (VII) To request the Company to acquire their shares if they object to the Company's resolution on merger or division; (VIII) Other rights granted by laws, administrative regulations, departmental rules, and the Articles of Association.
Article 9 Shareholders requesting to inspect or copy relevant materials of the Company shall comply with the provisions of laws and administrative regulations such as the "Company Law" and the "Securities Law".
Article 10 If the content of resolutions of the shareholders' meeting or the board of directors' meeting violates laws or administrative regulations, shareholders have the right to request the People's Court to declare it invalid.
If the convening procedures or voting methods of the shareholders' meeting or the board of directors' meeting violate laws, administrative regulations, or the Articles of Association, or if the content of the resolution violates the Articles of Association, shareholders have the right to request the People's Court to revoke it within sixty days from the date of the resolution. However, this shall not apply if the convening procedures or voting methods of the shareholders' meeting or the board of directors' meeting have only minor flaws that do not have a substantial impact on the resolution.