General Provisions - The company is established as a joint-stock limited company in accordance with the Company Law and other relevant regulations [1][2] - The registered capital of the company is RMB 798,695,026 [2] - The company is a permanent joint-stock limited company [2] Business Objectives and Scope - The company's business objective is to be a high-tech, environmentally friendly fertilizer and chemical enterprise, focusing on research, production, and sales of chemical products [3][4] - The business scope includes the production and sales of various chemical products, including hydrogen peroxide, fertilizers, and industrial chemicals [4] Shares - The company's shares are issued in the form of stocks, with a par value of RMB 1 per share [6][18] - The total number of shares issued by the company is 798,695,026, all of which are ordinary shares [6] Shareholder Rights and Obligations - Shareholders have rights to dividends, attend meetings, supervise the company, and transfer their shares [11][34] - Shareholders must comply with laws and the company's articles of association, and they cannot withdraw their capital except as legally permitted [15][40] Shareholder Meetings - The company holds annual shareholder meetings within six months after the end of the fiscal year [68] - Special meetings can be called under specific circumstances, such as when shareholders holding more than 10% of shares request it [69][70] Transactions and Disclosures - The company must disclose transactions that exceed certain thresholds, including asset sales and financial assistance [50][51] - Related party transactions must be disclosed if they exceed specified amounts, ensuring transparency [62][63]

Core Viewpoint - Liu Chemical Co., Ltd. is expanding its business scope, abolishing the supervisory board, and revising its articles of association to enhance corporate governance and operational efficiency [1][2][3]. Business Scope Expansion - The company plans to add "production and sales of food additive hydrogen peroxide" to its existing business scope to meet business development needs [1][2]. Abolishment of Supervisory Board - The supervisory board will be abolished to improve the corporate governance structure, with the audit committee of the board taking over the supervisory functions as per relevant laws and regulations [1][2][3]. Revision of Articles of Association - The articles of association will be revised to reflect the changes in business scope and the abolishment of the supervisory board, including the modification of terms related to "shareholders' meeting" and "supervisory board" [2][3]. Attachment and Documentation - The company will provide detailed comparison tables of the revisions to the articles of association and the rules for shareholders' and board meetings as attachments to the announcement [2][3].