KINGSUN(SZ:300235) Zheng Quan Zhi Xing·2025-05-12 12:05Core Viewpoint - The company has established a system to prevent the controlling shareholder and related parties from occupying company funds, ensuring the protection of the company's, shareholders', and other stakeholders' legitimate rights and interests [1][2][3]. Group 1: Regulations and Guidelines - The system is based on relevant laws, regulations, and the company's articles of association, aiming to regulate financial transactions with related parties and prevent fund occupation [1][2]. - The system applies to all subsidiaries included in the company's consolidated financial statements and covers both operational and non-operational fund occupations [1][2]. Group 2: Prevention Measures - The company must strictly prevent fund occupation during operational transactions with related parties and cannot provide funds through various means such as salary advances or prepayments [2][3]. - Any financial transactions with related parties must adhere to the decision-making procedures outlined in the relevant regulations and the company's management system [3][4]. Group 3: Payment Procedures - The financial department must review payment documents and ensure compliance with the company's articles of association and relevant regulations before processing payments to related parties [3][4]. - The financial department is responsible for regular checks on fund transactions with related parties to prevent non-operational fund occupation [4][5]. Group 4: Accountability and Enforcement - Company directors and senior management are liable for any losses caused by violations of the established system during decision-making and approval processes [5][6]. - The company will take legal action against related parties that occupy funds unlawfully and will seek compensation for any losses incurred [5][6].