Chapter 1 General Provisions
Article 1 For the purpose of safeguarding the legitimate rights and interests of the company, shareholders, employees, and creditors, and regulating the organization and conduct of the company, these Articles of Association 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 was established as a joint-stock company by发起设立 (establishment by promotion) with the approval of the Ministry of Commerce of the People's Republic of China, Shang Zi Pi [2007] No. 2120, "Approval of Nantong Port Textile Co., Ltd. Restructuring into a Joint Stock Company." It is registered with the market entity registration authority in Nantong, Jiangsu Province, and has obtained an enterprise legal person business license. The unified social credit code is: 913206007431271330.
Article 3 The company was approved by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC") on March 26, 2010, to make its initial public offering of 27 million shares of RMB ordinary shares, and was listed on the Shenzhen Stock Exchange on April 23, 2010. After the termination of its listing, the company's shares will continue to be traded on the over-the-counter share transfer system. The company shall not amend the preceding provisions of these Articles of Association.