The company's purpose is to develop and manufacture parts of all kinds. In addition, the company may conduct all commercial, financial and other business that is intended and suitable to promote or facilitate the development of the company and the achievement of its purpose. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad. The company may acquire, hold and sell real estate, limited property rights, intellectual property rights and participations. The company may provide financing for its own account or for the account of third parties, as well as guarantees, sureties and other securities for subsidiaries or group companies, direct or indirect shareholders and third parties, with or without consideration.