Articles of Association of Jiangxi Willgo Electronics Co., Ltd.
Chapter 1 General Provisions
Article 1 These Articles of Association are formulated to protect the legitimate rights and interests of Jiangxi Willgo Electronics Co., Ltd. (hereinafter referred to as the "Company" or "this Company"), its shareholders and creditors, to regulate the organization and conduct of the Company, and in accordance with the current effective "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 "Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange" (hereinafter referred to as the "Listing Rules"), the "Guiding Opinions on the Articles of Association of Listed Companies" issued by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC"), 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 initiated and established on the basis of Jiangxi Willgo Electronics Technology Co., Ltd. through a whole-process restructuring. It was registered with the Ji'an Administration for Market Regulation and obtained a business license, with a unified social credit code of 91360805MA35UHL002.
Article 3 The Company obtained approval for registration from the CSRC on July 11, 2023, and issued 33.65544 million shares of RMB ordinary shares to the public for the first time. It was listed on the ChiNext market of the Shenzhen Stock Exchange (hereinafter referred to as the "Stock Exchange") on September 6, 2023.
Article 4 The registered name of the Company is: Jiangxi Willgo Electronics Co., Ltd.
Article 5 The domicile of the Company is: No. 1 Yongjin Avenue, Jinggangshan Economic and Technological Development Zone, Ji'an City, Jiangxi Province (Postal Code: 343121).
Article 6 The registered capital of the Company is RMB 188,564,086,000.
Article 7 The Company is a perpetual joint-stock limited company.
Article 8 The director representing the Company in its business affairs is the legal representative of the Company. If the legal representative resigns, it shall be deemed that the legal representative has also resigned. A new legal representative shall be appointed within thirty days from the date of resignation.
Article 9 The legal representative shall conduct civil activities in the name of the Company, and the legal consequences shall be borne by the Company. Restrictions on the legal representative's powers of representation by these Articles of Association or the shareholders' meeting shall not be asserted against a bona fide third party. If the legal representative causes harm to others in the performance of his 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 of Association.
Article 10 The total assets of the Company are divided into equal shares. Shareholders shall be liable for the Company to the extent of their shareholdings, and the Company shall be liable for its debts with all its assets.
Article 11 These Articles of Association shall, from the date of effectiveness, become a legally binding document regulating the organization and conduct of the Company, and the relationship of rights and obligations between the Company and shareholders, and between shareholders. According to these Articles of Association, shareholders can sue shareholders, shareholders can sue the Company's directors and senior management, shareholders can sue the Company, and the Company can sue shareholders, directors, and senior management.
Article 12 Senior management personnel as referred to in these Articles of Association shall include the Company's general manager, deputy general managers, board secretary, and financial controller.