Chapter 1 General Principles
Article 1
To protect the legitimate rights and interests of Kairuide Holding Co., Ltd. (hereinafter referred to as "the Company"), its shareholders, 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"), and other relevant regulations.
Article 2
The Company is a joint-stock limited company established in accordance with the Company Law and other relevant regulations. The Company was approved by the Shandong Provincial Economic System Reform Commission (Document No. [2000] 32) and the Shandong Provincial People's Government (Document No. [2000] 14) with the "Approval Certificate for Shandong Province Joint-Stock Limited Company." It was jointly initiated by Shandong Demian Group Co., Ltd., Dezhou Hengfeng Textile Co., Ltd., Dezhou Shuangwei Industrial Co., Ltd., Shandong Demian Group Dezhou Industrial Co., Ltd., and Shandong Hualu Hengsheng Group Co., Ltd.; registered with the Shandong Provincial Administration for Industry and Commerce, and obtained a business license with the unified social credit code 9137000072389938X9.
Article 3
On September 7, 2006, the Company was approved by the China Securities Regulatory Commission to issue 70 million RMB ordinary shares to the public for the first time, and it was listed on the Shenzhen Stock Exchange on October 18, 2006.
Article 4
The registered name of the Company is:
- Chinese full name: 凯瑞德控股股份有限公司
- English full name: KAIRUIDE HOLDING CO., LTD.
Article 5
The Company's registered address is: Room 105, Building C, Group 1, Science and Technology Innovation Center, Core Area of Jingchu Science and Technology Innovation City, No. 88 Shenzhen Avenue, Zhanghe New District, Jingmen City, Hubei Province.
Article 6
The registered capital of the Company is RMB 367.68 million.
Article 7
The Company is a joint-stock limited company with perpetual existence.
Article 8
The general manager is the legal representative of the Company.
Article 9
All assets of the Company are divided into equal shares, and shareholders are liable to the Company only to the extent of their subscribed shares, while the Company is liable for its debts with all its assets.
Article 10
These Articles 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 its shareholders, and among shareholders. According to these Articles, shareholders may sue other shareholders, and shareholders may sue the Company's directors, supervisors, managers, and other senior management personnel. The Company may sue shareholders, directors, supervisors, managers, and other senior management personnel.
Article 11
The term "other senior management personnel" in these Articles refers to the Company's vice presidents, board secretary, and financial officer.
Chapter 2 Business Purpose and Scope
Article 12
The Company's business purpose is to focus on the market, optimize structure, manage scientifically, improve efficiency, ensure good economic returns for shareholders, and protect the legitimate rights and interests of shareholders.