The shareholders’ meeting exercises the following powers:

(1) electing and replacing directors and supervisors, and deciding their remuneration;

(2) reviewing and approving reports of the board of directors;

(3) reviewing and approving reports of the board of supervisors;

(4) reviewing and approving the company’s profit distribution and loss recovery plans;

(5) adopting resolutions on increases or reductions of registered capital;

(6) adopting resolutions on the issuance of corporate bonds;

(7) adopting resolutions on merger, division, dissolution, liquidation, or change of company form;

(8) amending the articles of association;

(9) exercising other powers specified in the articles of association.

The shareholders’ meeting may authorize the board of directors to adopt resolutions on the issuance of corporate bonds.