The purpose of the company is the manufacture and distribution of electronic and oil-hydraulic components and systems, as well as the representation of electronic measurement, testing and testing equipment and electronic components, and the performance of maintenance work for these products. The company can conduct trust transactions, acquire, develop, manage and exploit patents, licenses and manufacturing processes, take on agency tasks, finance and promote any kind of business, acquire and sell real estate, and conduct other business to the extent necessary or useful for achieving its purpose. The company can provide direct or indirect financing to third parties or companies in which it is directly or indirectly involved, as well as to direct or indirect shareholders or companies in which such parties are involved, whether through loans and/or other financing, including within the framework of cash pool agreements, whether against payment or not. The company can provide security of any kind for its own liabilities or the liabilities of the aforementioned companies, including through pledges, assignments, fiduciary transfers, guarantees of any kind, or through offset obligations, whether against payment or not, even if such financing, security or guarantees are in the exclusive interest of third parties or companies in which it is directly or indirectly involved, or of direct or indirect shareholders or companies in which such parties are directly or indirectly involved. The company can establish branches and subsidiaries in Switzerland and abroad and participate in other companies.
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