Zheng Quan Zhi Xing·2025-08-29 16:52General Provisions - The Articles of Association are formulated to safeguard the legitimate rights and interests of the Company, its shareholders, employees, and creditors, and to regulate the organization and activities of the Company [1][2] - The Company is a joint-stock limited company established in accordance with the Company Law and other relevant regulations [2] - The registered capital of the Company is RMB 1,785,399,930 [5] Business Objectives and Scope - The business objectives include improving scale effects through high-tech, enhancing labor productivity, ensuring the value preservation of state-owned assets, and maximizing shareholder benefits [7][8] - The scope of business includes manufacturing and sales of mining machinery, environmental protection equipment, mechanical and electrical equipment, software development, and various consulting services [9][10] Shares - The Company has ordinary shares and may issue other types of shares upon approval [11][12] - The Company issued 140,000,000 ordinary shares to the public in 2010, and the total number of shares increased to 700,000,000 after this issuance [24][25] - The share capital structure has undergone several changes, with the total number of ordinary shares reaching 1,785,399,930 as of September 2024 [32][33] Share Issuance and Management - The Company can issue shares to both domestic and foreign investors, with domestic shares referred to as A shares and overseas shares as H shares [15][18] - The issuance of shares must adhere to fair and just principles, ensuring equal rights among shareholders of the same class [19] - The Company is prohibited from providing financial assistance for others to acquire its shares, except for employee shareholding plans [27]