The company's purpose is the development, manufacturing, and trading of special machinery, the manufacturing and trading of stamping and precision tools, and watch components. The company may establish branches and subsidiaries, both domestically and abroad, and participate in other enterprises. The company is authorized to acquire, encumber, dispose of, and manage real property, both domestically and abroad. Furthermore, the company may enter into any transactions and conclude any contracts that are suitable to promote the development of the enterprise and the achievement of the company's purpose or that are directly or indirectly related thereto.