Chapter 1 General Principles
Article 1
To protect the legitimate rights and interests of Zhuzhou Hongda Electronics Corp., Ltd. (hereinafter referred to as "the Company") and its shareholders, employees, and creditors, and to regulate the organization and behavior of the Company, these Articles 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. The Company was formed by 9 founding shareholders who jointly invested to legally convert Zhuzhou Hongda Electronics Co., Ltd. into a joint-stock limited company; it is registered with the Zhuzhou Market Supervision Administration and has obtained a business license, with a unified social credit code of 91430200616610317F. The original rights and obligations of Zhuzhou Hongda Electronics Co., Ltd. are inherited by the Company.
Article 3
On October 27, 2017, the Company was approved by the China Securities Regulatory Commission (hereinafter referred to as "CSRC") to publicly issue 40.1 million shares of RMB ordinary stock (all new shares) to the public for the first time, and it was listed on the Shenzhen Stock Exchange on November 21, 2017.
Article 4
Company Name: Zhuzhou Hongda Electronics Corp., Ltd.
English Name: Zhuzhou Hongda Electronics Corp., Ltd.
Article 5
Company Address: No. 1297, Xinhua East Road, Hetang District, Zhuzhou City, Hunan Province.
Article 6
The registered capital of the Company is 411,839,845 yuan.
Article 7
The Company is a joint-stock limited company with perpetual existence.
Article 8
The chairman, as the representative of the Company to execute company affairs, is the legal representative of the Company. If the legal representative resigns, it is deemed that they have simultaneously resigned as the legal representative. Upon the resignation of the legal representative, the Company shall determine a new legal representative within thirty days from the date of resignation. The legal consequences of civil activities conducted by the legal representative in the name of the Company shall be borne by the Company. Restrictions on the powers of the legal representative in these Articles or by the shareholders' meeting shall not be opposed to 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 compensation from the legal representative at fault in accordance with the law or these Articles.
Article 9
Shareholders shall bear liability to the Company limited to the shares they hold, while the Company shall bear liability for its debts with all its assets.
Article 10
These Articles shall take effect from the date of their enactment and 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, 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 11
The term "senior management" in these Articles refers to the Company's general manager, deputy general managers, financial director, and board secretary. The financial officer is the financial director. The Company shall establish a Communist Party organization and carry out party activities in accordance with the provisions of the Communist Party of China. The Company shall provide necessary conditions for the activities of the party organization.