002072SZSE

Comparison Table of Articles of Association Amendments

Kairuide Co., Ltd.·

✨ AI Summary

The purpose of the amendments is to update the company's Articles of Association regarding capital structure, shareholder rights, and governance. Key changes include an increase in registered capital from RMB 17.6 million to RMB 36.768 million and new provisions on stock trading by major shareholders. The amendments aim to enhance corporate governance and protect shareholder interests.

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Full Translation

AI Translation· azure_openai

Article 6

The registered capital of the company is RMB 176 million.
The registered capital of the company is RMB 367.68 million.

Article 19

The company's share capital structure is: the total share capital of the company is 17.6 million shares, all of which are ordinary shares.
The company's share capital structure is: the total share capital of the company is 36.768 million shares, all of which are ordinary shares.

Article 29

Directors, supervisors, senior management personnel, and shareholders holding more than 5% of the company's shares must not sell the shares they hold within six months after purchase, or repurchase shares within six months after selling them. Any profits obtained from such transactions shall belong to the company, and the board of directors will recover the profits. However, securities companies holding more than 5% of shares due to underwriting and holding residual shares are exempt from the six-month restriction. If the board of directors fails to comply with the above provisions, shareholders have the right to demand compliance within 30 days. If the board does not comply within the specified period, shareholders may file a lawsuit in their own name for the benefit of the company. Directors who do not comply with the provisions of the first paragraph shall bear joint liability according to law.

Article 40

The shareholders' meeting is the power organ of the company and shall exercise the following powers according to law: (15) Review and approve the equity incentive plan;
The shareholders' meeting is the power organ of the company and shall exercise the following powers according to law: (15) Review and approve the equity incentive plan and employee stock ownership plan;

Article 41

The following external guarantee behaviors of the company must be reviewed and approved by the shareholders' meeting: (1) Any guarantee provided by the company and its controlling subsidiaries that reaches or exceeds 50% of the absolute value of the most recent audited net assets; (2) Guarantees provided for objects with a debt-to-asset ratio exceeding 70%; (3) Guarantees exceeding 10% of the absolute value of the most recent audited net assets for a single guarantee; (4) Guarantees provided to shareholders, actual controllers, and their related parties; (5) Any guarantee provided by the company and its controlling subsidiaries that reaches or exceeds 30% of the absolute value of the most recent audited total assets; (6) Guarantees exceeding 50% of the absolute value of the most recent audited net assets and exceeding RMB 50 million within twelve consecutive months.

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