Kuncai Technology(SH:603826) Zheng Quan Zhi Xing·2025-05-13 11:26Core Points - Fujian Kuncai Material Technology Co., Ltd. is established as a joint-stock company in accordance with the Company Law and Securities Law of the People's Republic of China [1][2] - The company was approved by the China Securities Regulatory Commission to issue 90 million shares of ordinary stock to the public on March 17, 2017 [1] - The registered capital of the company is RMB 655.2 million [1][2] Chapter Summaries General Provisions - The company aims to protect the legal rights of shareholders, employees, and creditors while regulating its organization and operations [1] - The company is registered in Fuzhou, Fujian, with a unified social credit code [1] - The company is a permanent joint-stock company [2] Business Objectives and Scope - The company's business objective is to create value for customers, benefits for shareholders, and assume social responsibilities [3] - The business scope includes the production and sale of pearlescent materials and mica, as well as the research, production, and sale of lithium battery materials [3] Shares - The company issues shares in the form of stocks, including ordinary and preferred shares [4] - The total number of shares is 655,200,000, all of which are ordinary shares with a par value of RMB 1 per share [4][5] - The company prohibits providing financial assistance for the purchase of its shares, except under specific conditions approved by the shareholders' meeting [5] Shareholder Rights and Obligations - Shareholders have rights proportional to their shareholdings, including the right to dividends and participation in shareholder meetings [10][11] - Shareholders holding more than 5% of shares must report any pledges of their shares to the company [14] - Shareholders are obligated to comply with laws and the company's articles of association [14] Board of Directors and Management - The board of directors is responsible for the company's operations and must act in the best interests of the company and its shareholders [19] - The company must maintain financial independence and avoid conflicts of interest with controlling shareholders [16][19] Shareholder Meetings - The company must hold annual shareholder meetings within six months after the end of the fiscal year [49] - Shareholders holding more than 10% of shares can request the board to convene a temporary shareholder meeting [26] - The notice for shareholder meetings must include details about the meeting's agenda and the rights of shareholders to participate [62][63]