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 [1][3] - The company is established as a joint-stock company in accordance with the Company Law and other regulations, with a registered capital of RMB 189,263,526 [1][3] - The company was approved for public issuance of shares in 2004, with 35 million shares issued initially [1][3] Business Objectives and Scope - The company's business objective is to leverage the advantages of national-level research institutions to create value through technological innovation and customer service [1][3] - The business scope includes production and sales of magnetic materials, rare earths, alloys, and various electronic and chemical materials, as well as technology development and consulting [1][3] Shares - The company issues shares in the form of stocks, with a total of 189,263,526 shares issued, all of which are ordinary shares [4][5] - The company can increase capital through various methods, including issuing shares to unspecified objects or existing shareholders [6][7] - The company is prohibited from repurchasing its own shares except under specific circumstances, such as capital reduction or employee stock ownership plans [6][7] Shareholders and Shareholder Meetings - Shareholders have rights to dividends, attend meetings, supervise management, and access company documents [10][11] - The company must hold an annual general meeting within six months after the end of the previous fiscal year [19][20] - Shareholder meetings can be called by the board or by shareholders holding more than 10% of the shares [22][23] Voting and Resolutions - Resolutions at shareholder meetings can be ordinary or special, with ordinary resolutions requiring a simple majority and special resolutions requiring a two-thirds majority [79][81] - Shareholders can exercise voting rights based on the number of shares they hold, with each share granting one vote [82] - Related shareholders must abstain from voting on transactions that involve conflicts of interest [84]