General Provisions - The company is established as a joint-stock company according to the Company Law of the People's Republic of China and other relevant regulations [2] - The company was approved by the China Securities Regulatory Commission to issue 61,920,000 shares of common stock to the public on February 22, 2022, and was listed on the Shenzhen Stock Exchange on April 19, 2022 [3] - The registered capital of the company is RMB 371,441,055 [3] Business Objectives and Scope - The company's business objectives include integrity in operations, prioritizing quality, innovation, and social responsibility [4] - The business scope includes manufacturing transformers, reactors, and various components, as well as technology development and consulting services [4] Shares - The company issues shares in the form of stocks, with a nominal value of RMB 1 per share [5] - The total number of shares issued by the company is 371,441,055, all of which are common shares (A shares) [5] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, voting, and supervision of company operations, and can request to convene shareholder meetings [10] - Shareholders must comply with laws and regulations, and cannot withdraw their capital except as legally permitted [15] Shareholder Meetings - The company holds annual and temporary shareholder meetings, with the annual meeting occurring within six months after the end of the previous fiscal year [47] - Shareholder meetings can be convened by the board of directors or at the request of shareholders holding more than 10% of the shares [24] Voting and Resolutions - Resolutions at shareholder meetings can be ordinary or special, with ordinary resolutions requiring a simple majority and special resolutions requiring two-thirds approval [79] - Certain significant matters, such as amendments to the articles of association and capital changes, require special resolutions [81]