Chapter 1 General Principles
Article 1
To safeguard the legitimate rights and interests of Doright Co., Ltd. (hereinafter referred to as "the Company"), 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"), the Shenzhen Stock Exchange Listing Rules for the Growth Enterprise Market (hereinafter referred to as "the Listing Rules"), and other relevant laws and regulations.
Article 2
The Company is a joint-stock limited company established by the overall change of Qingdao Doright Machinery Manufacturing Co., Ltd. (hereinafter referred to as "the Company") in accordance with the Company Law and other relevant laws and regulations. The Company is registered with the Market Supervision Administration of Jiaozhou City, Qingdao, Shandong Province, and has obtained a business license, with a unified social credit code of 91370200760263524Y.
Article 3
The Company was approved by the Listing Committee of the Shenzhen Stock Exchange (hereinafter referred to as "the Shenzhen Stock Exchange") for listing on the Growth Enterprise Market on September 29, 2020, registered by the China Securities Regulatory Commission (hereinafter referred to as "the CSRC") on January 19, 2021, and issued 25 million ordinary shares to the public in RMB, with the shares listed on the Shenzhen Stock Exchange on March 3, 2021.
Article 4
The registered name of the Company is: Qingdao Doright Co., Ltd. The full English name of the Company is: Doright Co., Ltd.
Article 5
The Company's address is: No. 17 Shangde Avenue, Jiaozhou City, Qingdao, Shandong Province. Postal code: 266318.
Article 6
The registered capital of the Company is RMB 153,644,000.
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. If the chairman 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 30 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. Any 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. 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 recourse from the legal representative who is 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 each other, shareholders may sue the Company's directors and senior management, and the Company may sue shareholders, directors, and senior management.
Article 12
The term "senior management" as used in these Articles includes the general manager and other senior management personnel; other senior management personnel refer to the deputy general manager, board secretary, and financial director.