Core Points - Jiangyin Huaxin Precision Technology Corporation is established as a joint-stock company based on the transformation from a limited liability company, with a registered capital of RMB 131.2125 million [2][5] - The company aims to strengthen its core business in precision silicon steel stamping and continuously develop energy-efficient products to achieve sustainable development [3] - The company operates in various sectors including electrical technology research and development, production of electronic components, and distributed photovoltaic power generation [3] Company Structure - The company is governed by a board of directors, with the chairman serving as the legal representative [2][3] - Shareholders are liable for the company's debts only to the extent of their subscribed shares, while the company is liable for its debts with all its assets [2][3] - The company has established a Communist Party organization to conduct activities in accordance with the Party's regulations [3] Share Issuance and Management - The company issues ordinary shares, with each share having a par value of RMB 1.00 [4][5] - The total number of shares issued by the company is 131,212,500, all of which are ordinary shares [5] - The company cannot provide financial assistance for others to acquire its shares, except for employee stock ownership plans [5][6] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, attend meetings, supervise company operations, and transfer their shares [10][14] - Shareholders must comply with laws and the company's articles of association, and they cannot withdraw their capital except as legally permitted [14] - Shareholders who abuse their rights causing losses to the company or other shareholders are liable for compensation [14] Governance and Decision-Making - The company’s shareholders' meeting is the highest authority, responsible for electing directors, approving financial reports, and making significant corporate decisions [17][18] - Major decisions, such as external guarantees exceeding certain thresholds, require approval from the shareholders' meeting [18][19] - The company must disclose information regarding significant transactions and ensure compliance with legal and regulatory requirements [20][21] Meeting Procedures - The company holds annual and temporary shareholders' meetings, with specific procedures for notification and voting [22][23] - Shareholders can propose agenda items and must be notified of meeting details at least 15 days in advance for temporary meetings [28][29] - The company ensures that all shareholders can participate in meetings, either in person or through authorized representatives [30][31]