Core Viewpoint Shenzhen Oat Technology Co., Ltd. is undergoing significant corporate governance changes, including the cancellation of its supervisory board, adjustments to its registered capital, and revisions to its articles of association, aimed at enhancing operational efficiency and compliance with regulatory standards [1][2]. Group 1: Changes in Registered Capital - The company has completed the registration of an additional 752,280 shares due to the fulfillment of conditions for the second vesting period of its 2022 restricted stock incentive plan, increasing its registered capital to RMB 145,600,816 [1][2]. Group 2: Cancellation of Supervisory Board - The company plans to abolish its supervisory board and the associated rules to streamline its governance structure, integrating the supervisory responsibilities into the audit committee of the board of directors [2][3]. Group 3: Amendments to Articles of Association - Amendments to the articles of association are proposed to enhance compliance with the Company Law and relevant regulations, reflecting the cancellation of the supervisory board and changes in registered capital [2][3]. Group 4: Internal Governance System Revisions - The company intends to revise and establish several internal governance systems, including the rules for shareholder meetings and related party transaction management, to promote standardized operations [3][4].

General Provisions - The company is established to protect the rights and interests of shareholders, employees, and creditors, and to regulate its organization and behavior according to relevant laws and regulations [1][2] - The company was registered on April 28, 2020, and publicly issued 35.87 million shares on May 27, 2020, subsequently listing on the Shanghai Stock Exchange's Sci-Tech Innovation Board on June 8, 2020 [1][2] - The registered capital of the company is RMB 145.600816 million [1][2] Business Objectives and Scope - The company's business objective is to enhance economic cooperation and technological exchange, promote national economic development, and achieve satisfactory returns [1] - The business scope includes the development and sales of electronic instruments and automatic control equipment, computer software and hardware, economic information consulting, domestic trade, and import-export business [1][2] Shares - The company issues shares in the form of stocks, with a nominal value of RMB 1 per share [2] - The total number of issued shares is 145,600,816, all of which are ordinary shares [2] - The company cannot provide financial assistance for others to acquire its shares, except under specific conditions approved by the shareholders' meeting [2] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, request meetings, supervise company operations, and access company documents [5][6] - Shareholders must comply with laws and the company's articles of association, and they are liable for their subscribed shares [40][41] Shareholder Meetings - The company holds annual and temporary shareholder meetings, with the annual meeting occurring within six months after the end of the previous fiscal year [51] - Shareholders holding more than 10% of shares can request a temporary meeting [52][53] - The notice for shareholder meetings must include details such as time, location, and agenda [64][65] Decision-Making and Voting - The shareholders' meeting is the company's authority, responsible for electing directors, approving financial reports, and making decisions on capital increases or decreases [46] - Decisions regarding significant transactions or guarantees must be approved by the shareholders' meeting [47][48] Legal Compliance and Responsibilities - The company must comply with laws and regulations regarding shareholder rights, financial assistance, and related party transactions [10][12] - Shareholders who abuse their rights or harm the company or other shareholders may be held liable for damages [41]