The manufacture and sale of watches, watch parts, movements and spare parts related to watchmaking, as well as jewelry, goldsmithing and silversmithing; the research, manufacture and sale of precision instruments, particularly in the field of time measurement. The company may also be interested in or participate in other businesses, both in Switzerland and abroad, and carry out any import and export operations of goods. It may carry out all commercial, financial, industrial, movable and immovable transactions for its own account or on behalf of third parties, directly or indirectly related to its main purpose. It may grant loans or guarantees to its associates and take participations in other companies with a similar or related purpose. It may also have manufactured, imported, exported, presented and distributed all products of the VALPIN brand or any other brand, particularly in the fields of clothing, eyewear, perfumery, leather goods and all fashion and luxury accessories in general (cf. statutes for complete purpose).