Core Points - The company is Suzhou Everbright Photonics Co., Ltd., established as a joint-stock company under Chinese law, with a registered capital of RMB 176.279943 million [1][2] - The company was approved by the China Securities Regulatory Commission for its initial public offering of 33,900,000 shares, which were listed on the Shanghai Stock Exchange on April 1, 2022 [1][3] - The company's business scope includes the research, development, production, and sales of optoelectronic chips, devices, and systems [3][4] Company Structure - The company operates with a long-term business duration and has a board of directors led by a chairman who is also the legal representative [2][3] - The company’s shares are issued in the form of stocks, with each share having a nominal value of RMB 1.00 [5][6] - The total number of shares issued by the company is 176.279943 million, all of which are ordinary shares [8] Shareholder Rights and Responsibilities - Shareholders are entitled to rights proportional to their shareholdings, including profit distribution and voting rights at shareholder meetings [12][13] - The company has provisions for shareholders to propose agenda items for meetings and to request the convening of extraordinary shareholder meetings under certain conditions [25][28] - Major shareholders must adhere to regulations regarding the exercise of rights and must not abuse their control to harm the company or other shareholders [41][42] Corporate Governance - The company’s articles of association serve as a binding document for the organization and behavior of the company, shareholders, and management [3][12] - The board of directors is responsible for the overall management and must report to the shareholders annually [74] - Shareholder meetings can be held annually and must be convened within six months after the end of the previous fiscal year [48][49] Financial Management - The company can increase its registered capital through various methods, including issuing new shares to unspecified or specific investors [22] - The company is prohibited from acquiring its own shares except under specific circumstances, such as capital reduction or employee stock ownership plans [24][25] - Any external guarantees provided by the company must be approved by the board and then by the shareholders if they exceed certain thresholds [20][21]

Core Viewpoint - Suzhou Changguang Huaxin Optoelectronic Technology Co., Ltd. plans to cancel its supervisory board, change its business scope, and revise its articles of association, pending approval from the shareholders' meeting [1][2][3]. Business Scope Changes - The company intends to expand its business scope to include manufacturing and sales of optoelectronic devices, power electronic components, semiconductor discrete devices, and various electronic components, as well as technology services and import-export activities [1][2]. Cancellation of Supervisory Board - The supervisory board will be abolished, with its functions transferred to the audit committee of the board of directors. Relevant provisions in the articles of association will be amended accordingly [2][3]. Revision of Articles of Association - The articles of association will be revised to enhance corporate governance and comply with legal requirements, including the removal of references to the supervisory board and the addition of provisions related to the audit committee [2][3]. Shareholder Meeting Approval - The proposed changes require approval from the shareholders' meeting, and the board of directors will seek authorization to handle the necessary filings [3].