Core Points - The article outlines the establishment and operational framework of Shanghai Chemspec Corporation, including its legal basis, registration details, and corporate governance structure [1][2][3]. Chapter Summaries Chapter 1: General Provisions - The company aims to protect the rights of shareholders, employees, and creditors while adhering to relevant laws and regulations [1]. - The company is established as a joint-stock company under Chinese law, with a registered capital of RMB 519.375 million [2]. Chapter 2: Business Objectives and Scope - The company's business objectives include the production and sale of display materials, new energy batteries, electronic materials, pharmaceuticals, and other chemicals [4]. - The approved business scope includes technology services, new chemical substance production, and import/export activities [4]. Chapter 3: Shares - The company issues shares in the form of stocks, with all issued shares being ordinary shares [5][7]. - The total number of shares issued is 51.9375 million, with a par value of RMB 1 per share [7]. Chapter 4: Shareholders and Shareholder Meetings - Shareholders have rights proportional to their shareholdings, including profit distribution and participation in shareholder meetings [12]. - The company must maintain a shareholder register, documenting shareholder details and shareholdings [33]. Chapter 5: Board of Directors - The board of directors is responsible for the company's governance and decision-making processes, ensuring compliance with laws and regulations [14]. - Directors are accountable for their actions and can be held liable for damages caused to the company [40]. Chapter 6: Senior Management - Senior management includes the general manager, deputy general managers, and other key personnel, who are responsible for executing company affairs [12]. Chapter 7: Financial Accounting System, Profit Distribution, and Auditing - The company must adhere to a financial accounting system that ensures transparency and accountability in financial reporting [7]. Chapter 8: Notices and Announcements - The company is required to issue notices and announcements in accordance with legal and regulatory requirements [8]. Chapter 9: Mergers, Divisions, Capital Increases, Reductions, Dissolution, and Liquidation - The company can engage in mergers, capital increases, and other structural changes as per legal provisions [9]. Chapter 10: Amendments to the Articles - Amendments to the company's articles of association must be approved by the shareholders [10]. Chapter 11: Supplementary Provisions - The articles serve as a binding document for the company, shareholders, and management, outlining their rights and obligations [11].