General Provisions - The company aims to protect the legal rights of shareholders, employees, and creditors while regulating its organization and behavior according to relevant laws [2] - The company is established as a joint-stock limited company in accordance with the regulations of the People's Republic of China [2] - The company was approved to issue 40 million shares of ordinary stock to the public in May 1992, with shares listed on the Shanghai Stock Exchange in November 1992 [2] Business Objectives and Scope - The company's business objective is to organize production and operations based on market demand, aiming to improve economic efficiency and asset value [6] - The registered business scope includes research and development, production of refrigeration equipment, automotive parts, household appliances, and related materials [6] Shares - The company issues registered shares, with each share having a par value of 1 RMB [8] - The total number of shares issued by the company is 1,073,344,406, consisting of 789,174,798 ordinary shares and 284,169,608 foreign shares listed domestically [8] Shareholders and Shareholder Meetings - Shareholders have rights to dividends, request meetings, supervise company operations, and transfer their shares [13] - The company must hold annual and temporary shareholder meetings, with specific procedures for calling and conducting these meetings [48][49] Board of Directors and Management - The company has a board of directors responsible for major decisions, including the election of directors and approval of financial reports [20] - The general manager serves as the legal representative of the company, with specific responsibilities outlined in the company's articles [4] Financial Accounting and Auditing - The company must maintain a financial accounting system and conduct internal audits, with external auditors appointed by the board [7] Amendments to Articles - The articles of association can be amended through resolutions passed at shareholder meetings, following legal procedures [3] Miscellaneous Provisions - The company is required to establish a party organization to oversee its operations and ensure compliance with relevant laws [5] - The company must maintain transparency and disclose significant events to shareholders and regulatory bodies [19]

General Provisions - The company aims to protect the legal rights of shareholders and creditors, and to regulate its organization and behavior according to relevant laws and regulations [2][3] - The company was established as a joint-stock limited company on May 16, 2020, and was listed on the Shanghai Stock Exchange on December 25, 2020 [3][4] - The registered capital of the company is RMB 621,616,590 [3] Business Objectives and Scope - The company's business objective is to establish a market-adaptive management model, operate legally, and create optimal economic benefits for shareholders while fulfilling social responsibilities [4] - The business scope includes the production and sale of refrigeration compressors, refrigeration equipment, and related services, as well as property leasing and import-export activities [4] Shares and Shareholders - The company issues ordinary shares, with a total of 62,161.659 million shares [5][6] - Shareholders have rights to dividends and can participate in shareholder meetings, supervise company operations, and transfer their shares [10][11] - The company has regulations regarding the transfer of shares, including restrictions on the transfer of shares held by directors and senior management within the first year of listing [9][10] Shareholder Meetings - The company holds annual and temporary shareholder meetings, with specific procedures for convening and voting [43][44] - Shareholders holding more than 10% of shares can request a temporary meeting, and the company must notify shareholders of the meeting details in advance [49][50] - Decisions at shareholder meetings require a majority or two-thirds vote, depending on whether they are ordinary or special resolutions [76][78] Board of Directors - The board of directors is responsible for the company's management and must report to the shareholders [96] - Directors must meet certain qualifications and cannot hold positions if they have been convicted of certain crimes or are under civil restrictions [96]