Topstrong(SZ:300749) Zheng Quan Zhi Xing·2025-05-23 12:20Core Viewpoint - The management system for the shareholding and trading of shares by directors and senior management of Guangdong Topstrong Home Co., Ltd. aims to strengthen the management of stock holdings and trading activities, ensuring compliance with relevant laws and regulations [2][3]. Group 1: General Provisions - The system is established to manage the shareholding and trading of the company's stock by directors and senior management, in accordance with various laws and regulations [2]. - The system applies to directors and senior management, who must comply with reporting obligations regarding their shareholdings [2][3]. - The term "senior management" includes the general manager, deputy general managers, board secretary, financial director, and other personnel as defined in the company’s articles [2]. Group 2: Information Reporting and Disclosure - Directors and senior management must report their personal and immediate family members' information to the Shenzhen Stock Exchange at specified times, including during new appointments and changes in personal information [4]. - Prior to trading company shares, directors and senior management must notify the board secretary of their trading plans two trading days in advance [5]. - Any changes in shareholdings must be reported to the company and disclosed on the stock exchange within two trading days [6]. Group 3: Shareholding Changes Management - After one year of listing, newly acquired unrestricted shares by directors and senior management are subject to a 75% automatic lock-up, while newly acquired restricted shares are included in the calculation for the next year's transferable shares [14]. - Directors and senior management are prohibited from transferring shares within one year of the company's stock listing and for six months after leaving their positions [10][19]. - The company must report any longer transfer prohibition periods or lower transferable share ratios as stipulated in other documents [15]. Group 4: Other Regulations - During the lock-up period, directors and senior management retain their rights to dividends, voting, and preferential subscription [13]. - The company is responsible for ensuring that directors and senior management do not engage in insider trading or allow others to do so based on insider information [22]. - Violations of the system may result in disciplinary actions, including warnings, demotions, or legal consequences [27].