The company's purpose is any industrial activity, in particular the machining of parts for the automotive industry. The company may create subsidiaries and branches as well as hold participations in all companies. The company may acquire, hold and dispose of real estate in Switzerland and abroad, except for all operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE). The company may acquire, hold and dispose of 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 provide direct or indirect financing, whether in the form of loans and/or any other form of financing, including in the context of cash pooling with or without remuneration, to third parties or to companies in which it holds direct or indirect participations, as well as to its direct or indirect shareholders and to companies in which they hold direct or indirect participations. The company may also provide any kind of security or guarantee to secure its obligations or the obligations of each of the aforementioned persons, including in the form of pledges, assignments or transfers as security, guarantees of all kinds or indemnification commitments, with or without remuneration. The company may provide such financing, security or guarantees even if it is in the exclusive interest of third parties or companies in which it holds direct or indirect participations, or in the interest of its direct or indirect shareholders or companies in which they hold direct or indirect participations.