General Information - Suzhou Alton Electrical & Mechanical Industry Co., Ltd. was established as a joint-stock company in accordance with the Company Law and other relevant regulations [2][3] - The company was approved by the China Securities Regulatory Commission to issue 45.652 million shares of common stock to the public on March 2, 2022, and was listed on the Shenzhen Stock Exchange on April 22, 2022, with stock code 301187 [3][4] Company Structure - The registered capital of the company is RMB 254,933,525 [3] - The company is a permanent joint-stock company, and the board of directors represents the company in executing its affairs [3][4] - The legal representative of the company is the chairman of the board of directors, and the company bears civil liability for the actions of its legal representative [3][4] Business Objectives and Scope - The company's business objective is to adhere to integrity, pursue professional innovation, achieve sustainable development, and create shared value for stakeholders [4][5] - The business scope includes research and development, production, and sales of outdoor power equipment, cleaning equipment, pneumatic tools, and related technical services [4][5] Share Issuance and Structure - The company's shares are issued in the form of stocks, with each share having equal rights [7][8] - The total number of shares issued by the company is 254,933,525, all of which are common shares [8][9] - The company cannot provide financial assistance for others to acquire its shares, except under specific conditions approved by the shareholders' meeting [8][9] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, attend meetings, supervise the company's operations, and request information [14][15] - Shareholders are obligated to comply with laws and regulations, pay for their subscribed shares, and not abuse their rights to harm the company or other shareholders [40][41] Governance and Decision-Making - The shareholders' meeting is the company's authority, responsible for electing directors, approving financial reports, and making significant decisions [20][21] - The company must disclose any guarantees provided after board approval, especially those exceeding certain thresholds [47][48] Related Party Transactions - Related party transactions exceeding specified amounts must be submitted for shareholder approval, ensuring transparency and fairness [48][49] - The company must avoid conflicts of interest and ensure that transactions with related parties are conducted at fair market prices [42][43]