Chapter 1 General Provisions
Article 1 To regulate the external investment activities of Shenzhen Das Intelligent Co., Ltd. (hereinafter referred to as the "Company"), effectively control the Company's external investment risks, and improve the efficiency of external investments, this system is 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," the "Listing Rules of the Shenzhen Stock Exchange" (hereinafter referred to as the "Listing Rules"), and the "Articles of Association of Shenzhen Das Intelligent Co., Ltd." (hereinafter referred to as the "Articles of Association"), and other relevant regulations.
Article 2 External investment as referred to in this system means the Company's investment activities in various forms by contributing a certain amount of monetary capital, equity, physical assets, or intangible assets for future returns. The Company's acquisition, sale, or other actions that lead to an increase or decrease in its external investment assets are subject to this system.
Article 3 This system applies to all external investment activities of the Company and its holding subsidiaries.
Article 4 The Company's external investment activities must comply with national laws, regulations, and industrial policies, align with the Company's development strategy, enhance the Company's competitiveness, facilitate the rational allocation of enterprise resources, create good economic benefits, and promote the Company's sustainable development.
Chapter 2 Types and Approval of External Investments
Article 5 The types of external investments of the Company include, but are not limited to: (1) Projects independently established or solely funded by the Company; (2) Joint ventures, cooperative companies, or development projects established by the Company with independent legal entities or natural persons, both domestically and internationally; (3) Acquisitions and mergers implemented through the purchase of target company equity; (4) Investments in stocks, bonds, funds, etc.; (5) Other external investments stipulated by laws and regulations.
Article 6 The Company's General Manager, Board of Directors, and Shareholders' Meeting are the decision-making bodies for the Company's external investments. Within their respective authorities, they shall make decisions on the Company's external investments in accordance with laws, regulations, and the "Articles of Association."
Article 7 If the Company's external investment meets any of the following conditions, it shall be reviewed by the Board of Directors: (1) The total assets involved in the transaction account for more than 10% of the Company's total assets as of the most recent audited period. If the book value and appraised value of the total assets involved in the transaction both exist, the higher value shall prevail. (2) The net assets of the asset involved in the transaction (such as equity) account for more than 10% of the Company's net assets as of the most recent audited period, and the absolute amount exceeds RMB 10 million. If the book value and appraised value of the net assets involved in the transaction both exist, the higher value shall prevail. (3) The operating revenue related to the transaction subject (such as equity) in the most recent accounting year accounts for more than 10% of the Company's audited operating revenue in the most recent accounting year, and the absolute amount exceeds RMB 10 million. (4) The net profit related to the transaction subject (such as equity) in the most recent accounting year accounts for more than 10% of the Company's audited net profit in the most recent accounting year, and the absolute amount exceeds RMB 1 million. (5) The transaction amount (including assumed debts and expenses) accounts for more than 10% of the Company's net assets as of the most recent audited period, and the absolute amount exceeds RMB 10 million. (6) The profit generated by the transaction accounts for more than 10% of the Company's audited net profit in the most recent accounting year, and the absolute amount exceeds RMB 1 million.