Chapter 1 General Provisions
Article 1 These Articles of Association are formulated to protect the legitimate rights and interests of CIMC Safeway Technologies Co., Ltd. (hereinafter referred to as the "Company" or "this Company"), shareholders, employees, and creditors, to regulate the organization and conduct of the Company, and 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 provisions.
Article 2 The Company is a joint-stock limited company established in accordance with the "Company Law", the "Securities Law", and other relevant provisions.
The Company is a joint-stock limited company established by the overall transformation of Nantong CIMC Tank Container Logistics Equipment Manufacturing Co., Ltd. It is registered with the Nantong Administration for Market Regulation and holds a unified social credit code of 91320600752015352D.
Article 3 The Company was approved for registration by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC") on June 17, 2023, and issued 90 million shares of RMB ordinary shares to the public for the first time. The Company's shares were listed on the ChiNext board of the Shenzhen Stock Exchange on October 11, 2023.
Article 4 The registered name of the Company is: CIMC Safeway Technologies Co., Ltd. The English name of the Company is: CIMC Safeway Technologies Co., Ltd.
Article 5 The domicile of the Company is: No. 159 Chenggang Road, Nantong City, Jiangsu Province, Postal Code: 226003.
Article 6 The registered capital of the Company is RMB 600 million.
Article 7 The Company is a joint-stock limited company with perpetual existence.
Article 8 The President of the Company is the legal representative of the Company. If the President resigns, it is deemed that the legal representative has also resigned. If the legal representative resigns, the Company shall appoint a new legal representative within thirty days from the date of resignation of the legal representative.
Article 9 The legal representative's civil activities in the name of the Company shall be borne by the Company. Any restriction on the legal representative's power of authority by these Articles of Association or the shareholders' meeting shall not be asserted against a bona fide counterparty. 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 Shareholders shall be liable to the Company to the extent of their subscribed shares, 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, the relationship between the Company and shareholders, and the rights and obligations 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 mean the President, Vice Presidents, Secretary of the Board of Directors, and Chief Financial Officer of the Company.
Article 13 The Company shall establish a Communist Party organization and carry out Party activities in accordance with the provisions of the Constitution of the Communist Party of China. The Company shall provide necessary conditions for the activities of the Party organization.