General Provisions - The company aims to protect the legal rights of shareholders, employees, and creditors, and to regulate its organization and behavior according to relevant laws [1] - The company was established as a joint-stock company through the overall change of Shanghai Huace Navigation Technology Co., Ltd. [1] - The company was approved by the China Securities Regulatory Commission to issue 29.8 million shares of common stock to the public on February 17, 2017, and was listed on the Shenzhen Stock Exchange on March 21, 2017 [1] Company Structure - The registered capital of the company is RMB 781,639,395 [2] - The company is a permanent joint-stock company [2] - The chairman serves as the legal representative of the company and is responsible for executing company affairs [2][3] Business Objectives and Scope - The company's business objective is to independently develop, produce, and sell high-precision satellite navigation and positioning-related software and hardware products, aiming to maximize shareholder value and create economic and social benefits [3] - The company's business scope includes manufacturing and sales of navigation, surveying, meteorological, and marine specialized instruments, satellite mobile communication terminals, artificial intelligence application systems, and various other technological services [3][4] Shares - The company's shares are issued in the form of stocks, with each share having a par value of RMB 1 [5][6] - The total number of shares issued by the company is 781,639,395, all of which are common shares [6] - The company cannot provide financial assistance for others to acquire its shares, except under specific conditions approved by the shareholders' meeting [6][7] Shareholder Rights and Responsibilities - Shareholders have the right to receive dividends and participate in decision-making processes, including the right to request meetings and supervise the company's operations [11][12] - Shareholders must comply with laws and regulations, pay for their subscribed shares, and cannot withdraw their capital except as legally permitted [16][39] Shareholder Meetings - The company holds annual and temporary shareholder meetings, with the annual meeting required to be held within six months after the end of the previous fiscal year [48] - Shareholder meetings can be conducted in person or via electronic means, ensuring all shareholders have the opportunity to participate [50][51] - The board of directors is responsible for convening shareholder meetings and must provide timely notifications to shareholders [52][53] Decision-Making and Voting - The company requires a two-thirds majority of voting rights for significant decisions, such as capital increases, mergers, and major asset transactions [45][46] - Shareholders can propose agenda items for meetings, and the company must disclose detailed information about candidates for director positions [58][62]