SHSTC(SH:600620) Zheng Quan Zhi Xing·2025-05-29 08:23General Provisions - The regulations aim to strengthen the management of shares held by directors and senior management of Shanghai Tianchen Co., Ltd., ensuring compliance with relevant laws and regulations [1][2] - The definition of directors and senior management includes all directors and senior management personnel of the company [1] Shareholding Information Declaration - Directors and senior management must report their shareholding information within two trading days after any changes occur, including details such as the number of shares held before and after the change, the date, quantity, price, and reason for the change [3][4] Stock Trading Management - Directors and senior management must notify the board secretary of their trading plans at least one trading day in advance and must report any share transfers within two trading days after the transfer [5][6] - A reduction plan must be reported to the Shanghai Stock Exchange 15 trading days before the first sale, detailing the number of shares, time frame, price range, and reasons for the reduction [5][6] Prohibited Trading Situations - Directors and senior management are prohibited from engaging in short-term trading, defined as selling shares within six months of purchase or buying shares within six months of selling [8][9] - There are specific periods during which directors and senior management cannot trade shares, such as 15 days before the announcement of annual or semi-annual reports [10][11] Additional Regulations - The company must adhere to its articles of association if they impose stricter conditions on share transfers than these regulations [7] - Any violations of these regulations will result in the company reclaiming any profits made from illegal trading activities [9][10]