HIGHLY(SH:600619) Zheng Quan Zhi Xing·2025-06-30 16:22General Provisions - The company aims to protect the legal rights of shareholders, employees, and creditors while regulating its organization and behavior according to relevant laws [2] - The company is established as a joint-stock limited company in accordance with the regulations of the People's Republic of China [2] - The company was approved to issue 40 million shares of ordinary stock to the public in May 1992, with shares listed on the Shanghai Stock Exchange in November 1992 [2] Business Objectives and Scope - The company's business objective is to organize production and operations based on market demand, aiming to improve economic efficiency and asset value [6] - The registered business scope includes research and development, production of refrigeration equipment, automotive parts, household appliances, and related materials [6] Shares - The company issues registered shares, with each share having a par value of 1 RMB [8] - The total number of shares issued by the company is 1,073,344,406, consisting of 789,174,798 ordinary shares and 284,169,608 foreign shares listed domestically [8] Shareholders and Shareholder Meetings - Shareholders have rights to dividends, request meetings, supervise company operations, and transfer their shares [13] - The company must hold annual and temporary shareholder meetings, with specific procedures for calling and conducting these meetings [48][49] Board of Directors and Management - The company has a board of directors responsible for major decisions, including the election of directors and approval of financial reports [20] - The general manager serves as the legal representative of the company, with specific responsibilities outlined in the company's articles [4] Financial Accounting and Auditing - The company must maintain a financial accounting system and conduct internal audits, with external auditors appointed by the board [7] Amendments to Articles - The articles of association can be amended through resolutions passed at shareholder meetings, following legal procedures [3] Miscellaneous Provisions - The company is required to establish a party organization to oversee its operations and ensure compliance with relevant laws [5] - The company must maintain transparency and disclose significant events to shareholders and regulatory bodies [19]