AA Belt(SH:603580) Zheng Quan Zhi Xing·2025-07-01 16:07Core Points - The company, AA Industrial Belting (Shanghai) Co., Ltd., was established in accordance with the Company Law of the People's Republic of China and is registered in Shanghai [1][3] - The company was approved by the China Securities Regulatory Commission to issue 16.67 million shares of common stock to the public on May 5, 2017, and was listed on the Shanghai Stock Exchange on May 25, 2017 [1][3] - The registered capital of the company is RMB 130.6732 million [3][7] - The company aims to use advanced international technology to develop and design precision industrial conveyor belts and mechanical products, achieving competitiveness in the international market [4] Company Structure - The company is a permanent stock company, and its assets are divided into equal shares, with shareholders bearing responsibility limited to their subscribed shares [3][4] - The company has a total of 130.6732 million shares, all of which are common shares [7] - The company’s shares are issued in the form of stocks, with each share having a par value of RMB 1 [6][7] Share Issuance and Capital Increase - The company has conducted capital increases through bonus shares, with a total of 26.668 million shares issued as bonus shares in 2018 and 37.3352 million shares in 2019 [2][7] - The company can increase capital through various methods, including public issuance, private issuance, and bonus shares [8] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, voting, and supervision of company operations, and they are obligated to comply with laws and the company’s articles of association [12][37] - Shareholders holding more than 5% of shares must report any pledges of their shares to the company [38] Shareholder Meetings - The company holds annual and temporary shareholder meetings, with the annual meeting required to be held within six months after the end of the previous fiscal year [18] - Shareholder meetings must be convened in accordance with legal procedures, and shareholders can propose agenda items [52][53] Voting and Resolutions - Resolutions at shareholder meetings can be ordinary or special, with ordinary resolutions requiring more than half of the voting rights and special resolutions requiring two-thirds [75][76] - The company must ensure that voting is conducted fairly, especially for matters affecting minority shareholders [80][81]