YTOT(SZ:300790) Zheng Quan Zhi Xing·2025-08-29 17:35Core Viewpoint - Dongguan Yutong Optical Technology Co., Ltd. has revised its articles of association and governance system to comply with the latest laws and regulations, aiming to enhance corporate governance and operational mechanisms [1][2][3]. Summary by Sections Revision of Articles of Association - The company has amended its articles to align with the requirements of the Company Law, the Guidelines for Articles of Association of Listed Companies, and other relevant regulations [1]. - The chairman of the board is designated as the legal representative of the company, with provisions for appointing a new legal representative within 30 days if the chairman resigns [2]. - New provisions state that the company will bear civil liability for damages caused by the legal representative while performing duties, with the right to seek compensation from the representative if at fault [3]. Shareholder Rights and Responsibilities - Shareholders have the right to sue directors, supervisors, and senior management, as well as the company itself, for breaches of duty [4]. - The articles specify that shareholders can request to convene meetings and exercise voting rights, as well as access company documents and financial reports [9][10]. Capital Increase and Share Repurchase - The company can increase capital through various methods, including public and private placements, and can repurchase shares under specific conditions [5][6]. - The total financial assistance provided to shareholders for purchasing shares is capped at 10% of the total issued shares [5]. Governance and Compliance - The company must ensure compliance with laws and regulations regarding shareholder meetings, including the requirement for legal opinions on meeting procedures and outcomes [19][20]. - The board of directors is responsible for maintaining the company's financial security and must not engage in actions that could harm shareholder interests [14][15].