Articles of Association
Chapter 1 General Provisions
Article 1 For the purpose of protecting the legitimate rights and interests of the company, shareholders, employees, and creditors, and to regulate 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 is a joint-stock limited company established in accordance with the "Company Law" and other relevant regulations (hereinafter referred to as the "Company"). The Company was established by the overall transformation of Shenzhen H&T Electronic Technology Co., Ltd. The Company is registered with the Shenzhen Administration for Market Regulation, with a unified social credit code of: 91440300715263680J.
Article 3 On April 12, 2010, the Company was approved by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC") with the CSRC License [2010] No. 437 to issue 16.7 million ordinary shares to the public for the first time, and was listed on the Shenzhen Stock Exchange on May 11, 2010.
Article 4 The registered name of the Company is: Chinese: Shenzhen H&T Intelligent Control Co., Ltd. English: ShenZhen H&T Intelligent Control Co., Ltd.
Article 5 The registered address of the Company is: 10th Floor, Block D, Shenzhen Aerospace Science and Technology Innovation Research Institute, No. 6, Keji South Road, High-tech South District, Nanshan District, Shenzhen, Postal Code: 518057.
Article 6 The registered capital of the Company is RMB 923,389,485.
Article 7 The Company is a joint-stock limited company with perpetual existence.
Article 8 The Chairman, as the director representing the Company in executing company affairs, is the legal representative of the Company. If the Chairman, who serves as the legal representative, resigns, it shall be deemed that they have simultaneously resigned as the legal representative. If the legal representative resigns, the Company shall determine a new legal representative within thirty days from the date of resignation.
Article 9 The civil activities carried out by the legal representative in the name of the Company shall be borne by the Company. Restrictions on the powers of the legal representative stipulated in these Articles of Association or by the shareholders' meeting shall not be binding on bona fide third parties. If the legal representative causes harm to others in the performance of their duties, the Company shall bear civil liability. After the Company bears civil liability, it may seek recourse from the legal representative at fault in accordance with the law or these Articles of Association.
Article 10 Shareholders shall be liable to the Company to the extent of their subscribed shares, and the Company shall be liable for its debts with all its assets.
Article 11 These Articles of Association shall, from the date of effectiveness, become a legally binding document that regulates the organization and conduct of the Company, and the rights and obligations between the Company and shareholders, and between shareholders. In accordance with these Articles of Association, shareholders may sue shareholders, shareholders may sue the Company's directors and senior management, shareholders may sue the Company, and the Company may sue shareholders, directors, supervisors, and senior management.
Article 12 Senior management personnel as referred to in these Articles of Association shall mean the Company's President, Chief Operating Officer, Vice Presidents, Chief Financial Officer, Secretary of the Board of Directors, and other personnel as stipulated in these Articles of Association.
Chapter 2 Business Purpose and Scope
Article 13 The Company's business purpose: To lead the control industry, improve people's lives, and be a respected enterprise.