Chapter 1 General Principles
Article 1
To protect the legitimate rights and interests of Yili Chuanning Biotechnology Co., Ltd. (hereinafter referred to as "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, combined with the actual situation of the Company.
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 Yili Chuanning Biotechnology Co., Ltd. in June 2020 and is registered with the Yining Market Supervision Administration, obtaining a business license with a unified social credit code of 91654002564379263N.
Article 3
On October 25, 2022, the Company was registered with the China Securities Regulatory Commission (hereinafter referred to as "CSRC") and issued 22,280,000 shares of RMB ordinary shares to the public for the first time, and was listed on the Shenzhen Stock Exchange on December 27, 2022.
Article 4
Company Name: Yili Chuanning Biotechnology Co., Ltd.
English Name: Yili Chuanning Biotechnology Co., Ltd.
Article 5
Company Address: No. 1 Gongchen Road, Economic Development Zone, Horgos City, Ili Kazak Autonomous Prefecture, Xinjiang
Postal Code: 835007
Article 6
The registered capital of the Company is RMB 2,230,085,000.
Article 7
The Company is a joint-stock limited company with perpetual existence.
Article 8
The chairman or general manager shall be the legal representative of the Company. If the chairman or general manager resigns, it is deemed that they have simultaneously resigned as the legal representative. The Company shall determine a new legal representative within 30 days from the date of resignation of the legal representative.
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 by these Articles of Association or 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 compensation from the legal representative at fault in accordance with the law or these Articles of Association.
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 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 its shareholders, and among shareholders. According to these Articles of Association, 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 12
The term "senior management" in these Articles of Association refers to the manager, deputy manager, board secretary, financial officer, and other personnel specified in these Articles of Association.
Article 13
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 14
In accordance with relevant laws and regulations, the Company shall independently carry out various businesses, continuously improve its management level and core competitiveness, maximize shareholder rights and Company value, create good economic and social benefits, and promote cultural prosperity and development.