The research, development, manufacturing, assembly, quality control, adjustment, promotion, distribution, representation, and marketing of all products in the watchmaking industry and all other devices intended for time measurement, the deposit, negotiation, and exploitation of all patents, licenses, and processes related to the field of watchmaking. The company may create subsidiaries in Switzerland and abroad, branches, and hold shares in any companies in Switzerland and abroad. The company may acquire, hold, and dispose of real estate, exclusively for commercial purposes if they are located in Switzerland, and intellectual property rights. The company may carry out all commercial, financial, or other operations that are directly or indirectly related to its corporate purpose. The company may grant loans or guarantees to its partners and the companies in which it participates and act as a guarantor for them.