Chapter 1 General Principles
Article 1
To protect the legitimate rights and interests of Zhuhai Bojay Electronics Co., Ltd. (hereinafter referred to as "the Company"), shareholders, employees, and creditors, and to regulate the organization and behavior 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"), the Shenzhen Stock Exchange Listing Rules, and other relevant laws, regulations, and normative documents.
Article 2
The Company is a joint-stock limited company established in accordance with the Company Law and other relevant regulations. The Company was established by the overall conversion of Zhuhai Bojay Electronics Co., Ltd. from a limited liability company, and all debts and obligations of the original limited liability company are inherited by the newly established joint-stock company. The Company is established by way of initiation; it is registered with the Market Supervision Administration of Zhuhai City and has obtained a business license with the unified social credit code: 91440400775088415F. Registered name: Zhuhai Bojay Electronics Co., Ltd. English name: Zhuhai Bojay Electronics Co., Ltd. Company address: Factory 1, 1st Floor-1, 2nd Floor, 3rd Floor-1, No. 10 Futian Road, Xiangzhou District, Zhuhai City. Postal code: 519070. Registered capital: RMB 160,302,593.
Article 3
On November 27, 2019, the Company was approved by the China Securities Regulatory Commission (hereinafter referred to as "CSRC") with document [2019]2573, to publicly issue 17,366,700 ordinary shares to the public, and was approved by the Shenzhen Stock Exchange with document [2020]69, and was listed on the Shenzhen Stock Exchange on February 5, 2020.
Article 4
The Company is a joint-stock limited company with perpetual existence.
Article 5
The legal representative of the Company shall be the director who represents the Company in executing its affairs. The chairman of the Company is the legal representative. If the legal representative resigns, it is deemed that they have simultaneously resigned from the position of legal representative. The Company shall determine a new legal representative within thirty days from the date of resignation of the legal representative. The legal activities conducted by the legal representative in the name of the Company shall have legal consequences borne by the Company. Any restrictions on the powers of the legal representative in these Articles of Association 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 of Association.
Article 6
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 7
These Articles of Association 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 of Association, 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 8
The term "senior management" in these Articles of Association refers to the general manager, deputy general managers, financial director, board secretary, and other personnel recognized as "senior management" by the board of directors.