Chapter 1 General Principles
Article 1
To protect the legitimate rights and interests of 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"), 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" or "this Company"). The company was established through the overall change of Shandong Miracll Chemicals Co., Ltd., registered with the Yantai Administrative Approval Service Bureau, and has obtained a business license with a unified social credit code of 91370600694422442C.
Article 3
The company was approved by the China Securities Regulatory Commission (hereinafter referred to as "CSRC") on May 7, 2020, to issue 16.67 million shares of RMB ordinary shares to the public for the first time, and was listed on the Shenzhen Stock Exchange on July 20, 2020.
Article 4
The registered name of the company is Miracll Chemicals Co., Ltd. The English name of the company is Miracll Chemicals Co., Ltd.
Article 5
The company's address is No. 35, Changsha Street, Yantai Development Zone, Postal Code: 264006.
Article 6
The registered capital of the company is RMB 427,887,627.
Article 7
The company is a joint-stock limited company with perpetual existence.
Article 8
The chairman of the board serves as the legal representative of the company, and the method of appointment and change shall be executed in accordance with the relevant provisions of these Articles of Association. If the chairman resigns as the legal representative, it is deemed that he/she has 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. The legal consequences of civil activities conducted in the name of the company by the legal representative shall be 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 opposed to good faith counterparties. If the legal representative causes damage to others while performing 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 9
Shareholders shall be liable to the company only to the extent of their subscribed shares, and the company shall be liable for its debts with all its assets.
Article 10
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 shareholders, and among shareholders. According to these Articles of Association, shareholders may sue other shareholders, shareholders may sue the company's directors, general manager, and other senior management, and the company may sue shareholders, directors, general manager, and other senior management.
Article 11
Other senior management personnel referred to in these Articles of Association include the company's vice president, board secretary, and financial officer.
Article 12
The company shall establish a Communist Party organization and carry out party activities in accordance with the provisions of the Communist Party of China.
Chapter 2 Business Objectives and Scope
Article 13
The company's business objectives are: customer satisfaction, self-realization, and value creation.