Chapter One General Principles
Article 1
To meet the needs of establishing a modern enterprise system, standardize the organization and behavior of Shanghai Weihong Electronic Technology Co., Ltd. (hereinafter referred to as "Weihong" or "the Company"), and protect the legitimate rights and interests of the Company, shareholders, employees, and creditors, these Articles are formulated in accordance with the Company Law of the People's Republic of China (hereinafter referred to as "Company Law"), the Securities Law of the People's Republic of China (hereinafter referred to as "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. The Company was established by the overall change of Shanghai Weihong Electronic Technology Co., Ltd. and is registered with the Shanghai Market Supervision Administration, obtaining a business license with a unified social credit code: 91310000662437084H.
Article 3
On March 17, 2016, the Company was approved by the China Securities Regulatory Commission to issue 14.21 million ordinary shares to the public for the first time, and it was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on April 19, 2016.
Article 4
The registered name of the Company is Shanghai Weihong Electronic Technology Co., Ltd., and its English name is SHANGHAI WEIHONG ELECTRONIC TECHNOLOGY CO., LTD.
Article 5
The Company's address is Room 501, 5th Floor, Building 1, No. 119, Lane 975, Duhui Road, Minhang District, Shanghai.
Article 6
The registered capital of the Company is RMB 108,846,330.
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 Chairman resigns, it is deemed that they have also 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 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 set forth in these Articles or by the shareholders' meeting shall not be asserted against bona fide third parties. The Company shall bear civil liability for damages caused to others by the legal representative in the performance of their duties. After the Company bears civil liability, it may seek recourse against the legal representative 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 take effect from the date of their enactment and shall serve as 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, and shareholders may sue the Company's directors, general manager, and other senior management personnel. The Company may sue shareholders, directors, general manager, and other senior management personnel.
Article 12
The term "other senior management personnel" in these Articles refers to the Company's vice general managers, board secretary, and financial officer.
Article 13
The Company shall establish a Communist Party organization and carry out Party activities in accordance with the Constitution of the Communist Party of China. The Company shall provide necessary conditions for the activities of the Party organization.
Chapter Two Business Purpose and Scope
Article 14
The Company's business purpose is to adhere to the principles of professionalism, dedication, and focus, uphold the core values of integrity, innovation, and pragmatism, excel in its expertise, provide the best products, sincerely listen to customer opinions and needs, fully invest in product research and development, and continuously achieve innovation.