Company Overview - Suncha Technology Co., Ltd. was established as a joint-stock company in accordance with the Company Law and other relevant regulations, registered in Zhejiang Province with a registered capital of RMB 72 million [1][2] - The company was approved by the China Securities Regulatory Commission for its initial public offering of 18 million shares, which were listed on the Shenzhen Stock Exchange on August 5, 2021 [1][2] Corporate Governance - The company operates under a legal framework that binds the company, shareholders, directors, and senior management, allowing for legal actions among these parties [2][11] - The legal representative of the company is the general manager, and the company must appoint a new legal representative within 30 days if the current one resigns [1][2] Business Scope - The company's business scope includes research and development of new materials, manufacturing of bamboo products, daily-use wooden products, and various other manufacturing and sales activities [3][4] Share Structure - The company has issued a total of 72 million shares, all of which are ordinary shares with a par value of RMB 1 per share [6][5] - The company prohibits financial assistance for acquiring its shares, except under specific conditions approved by the board of directors [6][7] Capital Management - The company can increase its capital through various methods, including issuing shares to unspecified objects or existing shareholders [7][8] - The company may reduce its registered capital following legal procedures and shareholder approval [7][8] Shareholder Rights - Shareholders have rights to dividends, voting, and other benefits proportional to their shareholdings, and they can request meetings and propose agenda items [10][11] - The company must maintain a shareholder register, and shareholders can exercise their rights to inspect company documents and records [10][11] Shareholder Meetings - The company holds annual and temporary shareholder meetings, with specific procedures for calling and conducting these meetings [18][19] - Shareholder meetings require a quorum and must follow legal and regulatory requirements for decision-making [20][21] Voting and Resolutions - Resolutions at shareholder meetings can be ordinary or special, with different thresholds for approval [80][81] - Ordinary resolutions require a simple majority, while special resolutions require two-thirds of the voting rights [80][81]