CORUN(SH:600478) Zheng Quan Zhi Xing·2025-08-26 16:56General Provisions - Hunan Corun New Energy Co., Ltd. is established to protect the rights and interests of the company, shareholders, and creditors, in accordance with the Company Law and Securities Law of the People's Republic of China [1][2] - The company was approved by the Hunan Provincial Government and registered with the Hunan Administration for Industry and Commerce, obtaining a business license [1][2] - The company was approved by the China Securities Regulatory Commission for its initial public offering of 40 million shares, listed on the Shanghai Stock Exchange on September 18, 2003 [1][3] Company Structure - The registered capital of the company is RMB 1,665,540,916 [2] - The company is a permanent corporation, and its assets are divided into equal shares, with shareholders liable only to the extent of their shares [2][3] - The articles of association serve as a legally binding document for the organization and behavior of the company and its stakeholders [2][3] Business Objectives and Scope - The company's business objective is to promote national development through education and innovation in the new energy materials sector, aiming to revitalize the national industry [2][3] - The approved business scope includes research, development, production, and sales of new materials and new energy, as well as related technical consulting services [3] Share Issuance - The company's shares are issued in the form of stocks, adhering to principles of openness, fairness, and justice [3][4] - All shares of the same type must have equal rights, and the issuance conditions and prices for the same type of shares must be identical [4] Shareholder Rights and Obligations - Shareholders have rights to dividends, participate in shareholder meetings, supervise company operations, and transfer their shares according to the law [10][12] - Shareholders must comply with laws and the company's articles of association, and they are liable for any damages caused by the abuse of their rights [12][13] Shareholder Meetings - The company holds annual and temporary shareholder meetings, with the annual meeting occurring within six months after the end of the fiscal year [15][46] - Shareholder meetings are the authority of the company, making decisions on significant matters such as capital increases, asset sales, and amendments to the articles of association [16][29] Voting and Resolutions - Resolutions can be ordinary or special, with ordinary resolutions requiring a simple majority and special resolutions requiring two-thirds approval from attending shareholders [78][79] - The company must ensure that all voting processes are transparent and that the interests of minority shareholders are protected [30][31]