JAHB(SH:603822)2024-06-14 09:43Investor Protection - The company confirmed that there are no false records, misleading statements, or significant omissions in its prospectus, and it will compensate investors for any losses incurred due to such issues[4]. - The company emphasizes the importance of protecting the interests of investors, particularly small and medium-sized investors, through simplified procedures and proactive compensation measures[4]. - The company commits to compensating investors for losses incurred due to false statements or omissions in the prospectus[9]. - The company emphasizes the protection of investors' interests, particularly for small and medium-sized investors, through simplified procedures and proactive compensation[9]. - The company expresses apologies for any inconvenience caused to investors due to the corrections made[12]. Share Repurchase and Reduction - Zhejiang Jiaao Environmental Technology Co., Ltd. announced a correction to its 2023 annual report regarding the fulfillment of commitment matters by actual controllers and shareholders[2]. - The company plans to repurchase shares if its prospectus is found to contain false information or significant omissions, with a commitment to initiate buybacks within 10 days of such determination[4]. - The company plans to gradually reduce its shareholding, with a maximum reduction of 5% of the total share capital per year within two years after the lock-up period[10]. - The total number of shares that can be reduced after the lock-up period may reach up to 100% of the shares held at the time of listing[10]. - Any share reduction must comply with relevant laws and regulations, including but not limited to centralized bidding, block trading, and agreement transfer methods[10]. - The minimum reduction price for shares after the lock-up period is set at 80% of the issue price or the average closing price of the last 30 trading days, whichever is lower[10]. - The company is allowed to increase its shareholding after listing without being bound by the aforementioned commitments[10]. - The company must ensure that any share reduction does not occur when the shareholding falls below 5%[10]. - Adjustments to the shareholding base will be made in case of capital reserve conversion, stock dividends, cash dividends, stock splits, or rights issues[10]. - The company must comply with the rules of the stock exchange for any share reduction activities[10]. - The company will initiate share repurchase measures within 10 days after being recognized by regulatory authorities for any violations[9]. - The company plans to repurchase all newly issued shares if the prospectus is found to contain false statements or omissions by regulatory authorities[9]. Related Party Transactions - The company committed to reducing and regulating related party transactions, ensuring fairness and compliance with market rules[6]. - The company will ensure that any related party transactions are conducted at arm's length and in accordance with the company's regulations[8]. - The company will avoid conflicts of interest by not engaging in similar business activities as its listed subsidiary, maintaining a competitive edge[6]. - The company has established a commitment to introduce any future business opportunities within the scope of the listed subsidiary's operations[6]. - The company will ensure that any related party transactions are conducted fairly and reasonably, avoiding conflicts of interest during board and shareholder meetings[12]. - The company will not provide financial assistance, including loans, to incentive objects under the incentive plan[12]. - Major shareholders and actual controllers of the company, along with their immediate family members, did not participate in the incentive plan[7]. - The company has confirmed that major shareholders or actual controllers have not participated in the incentive plan[12]. - The company will exercise veto rights to prevent similar business operations that could compete with its listed subsidiary, safeguarding the subsidiary's interests[6]. - The company has obtained necessary approvals from its governing bodies regarding commitments made to avoid competition with the listed subsidiary[6]. - The company will strictly adhere to the procedures outlined in the Company Law and its Articles of Association for related party transaction approvals[8]. - The company has confirmed that all commitments made are independently enforceable, ensuring accountability for any breaches[6]. Compliance and Governance - The company must disclose information accurately and timely in accordance with stock exchange rules[5]. - Any reduction in stock holdings must comply with relevant laws and regulations, including advance notice three trading days prior to the reduction[5]. - If the company fails to fulfill its commitment regarding stock reduction, it cannot reduce its remaining shares for six months from the date of non-fulfillment[5]. - The company will not engage in any business activities that compete with its own operations or acquire control of any competing economic entities[5]. - The company guarantees that any future business opportunities within the scope of the listed company's operations will be introduced to the listed company[11]. - The company will avoid similar investment directions and project selections that could compete with the listed company[11].