Chapter 1 General Principles
Article 1
To protect the legitimate rights and interests of the company, 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"), and other relevant regulations.
Article 2
The company is a joint-stock limited company established in accordance with the Company Law of the People's Republic of China and other relevant national laws and regulations (hereinafter referred to as the "Company"). The company is established by the overall conversion of a limited liability company. It is registered with the Market Supervision Administration of Hubei Province and has obtained a business license, with a unified social credit code of: 91429005728313974F.
Article 3
The company was approved by the China Securities Regulatory Commission in February 2010 to issue 23.5 million shares of RMB ordinary shares to the public for the first time and was listed on the Shenzhen Stock Exchange on March 5, 2010.
Article 4
The Chinese name of the company: Qianjiang Yongan Pharmaceutical Co., Ltd. The English name of the company: QIANJIANG YONGAN PHARMACEUTICAL CO., LTD.
Article 5
The company's registered address: No. 2 Guangze Avenue, Qianjiang Economic Development Zone, Hubei Province, Postal Code: 433132.
Article 6
The registered capital of the company is RMB 294.6825 million. If the registered capital changes due to an increase or decrease, the company may modify the Articles of Association after the shareholders' meeting passes a resolution to agree to the increase or decrease in registered capital and authorizes the board of directors to handle the registration procedures for the change in registered capital.
Article 7
The company is a joint-stock limited company with perpetual existence.
Article 8
The chairman of the board is the legal representative of the company. If the director or manager serving as the legal representative resigns, it is deemed that they have simultaneously resigned from the position of legal representative. If the legal representative resigns, the company will 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 in these Articles or by the shareholders' meeting shall not be asserted against 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 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, 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 personnel" in these Articles refers to the general manager, deputy general managers, board secretary, financial officer, and other personnel specified in these Articles.
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.