General Information - Ningbo Fubang Jingye Group Co., Ltd. is established as a joint-stock company in accordance with the Company Law and other relevant regulations [2] - The company was approved by the Ningbo Economic System Reform Office and registered with the Ningbo Market Supervision Administration [2] - The company was listed on the Shanghai Stock Exchange on November 11, 1996, after issuing 13.6 million shares [2][3] - The registered capital of the company is RMB 133.7472 million [2] Company Structure - The company is a permanent joint-stock company, with the chairman serving as the legal representative [3] - The legal representative's civil activities are binding on the company, and the company bears civil liability for damages caused by the legal representative in the course of duty [3] - The company's assets are divided into equal shares, and shareholders are liable for the company's debts only to the extent of their subscribed shares [3] Business Objectives and Scope - The company's business objective is to enhance core competitiveness and achieve sustainable development while maximizing benefits for the company and its shareholders [4] - The registered business scope includes automotive repair, coal wholesale, manufacturing and processing of various materials, and real estate development [4] Share Issuance and Management - The company's shares are issued in the form of stocks, with each share having a face value of RMB 1 [5] - The total number of shares issued by the company is 133.7472 million, all of which are ordinary shares [5] - The company cannot provide financial assistance for others to acquire its shares, except under specific conditions approved by the shareholders' meeting [5][6] Shareholder Rights and Responsibilities - Shareholders have rights to dividends, participate in meetings, supervise the company's operations, and request information [10] - Shareholders must comply with laws and regulations, pay for their subscribed shares, and cannot withdraw their capital except as legally permitted [15] - Shareholders holding more than 5% of voting shares must report any pledges of their shares to the company [41] Governance and Decision-Making - The shareholders' meeting is the company's authority, responsible for electing directors, approving financial reports, and making significant corporate decisions [46] - Ordinary resolutions require a simple majority, while special resolutions require a two-thirds majority of the voting rights present [80][82] - The company must disclose significant transactions and ensure that related parties do not participate in voting on related party transactions [84]

Group 1 - The core viewpoint of the news highlights the recent performance of Zhidao International, which saw a significant decline in its stock price over the past month and year, contrasting with the rise of the Hang Seng Index [2][3] - As of June 23, the Hang Seng Index increased by 0.67%, closing at 23,689.13 points, while Zhidao International's stock price rose by 9.43% to HKD 0.058 per share on the same day [1] - Zhidao International has experienced a cumulative decline of 17.19% over the past month and 55.46% year-to-date, underperforming the Hang Seng Index's 17.3% increase [2] Group 2 - Financial data indicates that as of September 30, 2024, Zhidao International achieved total revenue of HKD 2.948 million, a decrease of 98.25% year-on-year, and a net profit attributable to shareholders of -HKD 3.9174 million, down 140.42% year-on-year [2] - The company's gross profit margin stands at 76.72%, with a debt-to-asset ratio of 36.78% [2] - Currently, there are no institutional investment ratings for Zhidao International, and its price-to-earnings ratio is -1.04, ranking it 201st in the industry, while the average price-to-earnings ratio for the construction industry is 10.17 [3]