Zheng Quan Zhi Xing·2025-05-29 12:19Core Points - The document outlines the management system for the shareholding and trading of stocks by directors and senior management of Beijing Yihua Tong Technology Co., Ltd [2][3][4] General Principles - The system is established to enhance the management of shares held by directors and senior management in accordance with relevant laws and regulations [2][3] - It applies to all shareholding and trading activities of the company's directors and senior management [3][4] Shareholding Declaration Management - The company secretary is responsible for managing the data of directors and senior management regarding their shareholdings and ensuring timely reporting to regulatory bodies in case of violations [5][6] - Directors and senior management must declare their personal information within specified timeframes, including when they assume office or when there are changes in their information [6][7] Share Transfer Management - There are specific restrictions on the transfer of shares by directors and senior management, including a one-year lock-up period post-listing and a six-month restriction after leaving the company [8][9] - Certain conditions, such as ongoing investigations or administrative penalties, also restrict share transfers [8][9] Trading Restrictions - Directors and senior management are prohibited from trading shares during specific periods, such as before the announcement of financial reports or during significant events that may affect stock prices [10][11] - They are also restricted from reducing their shareholdings under certain conditions, including within six months of leaving the company [10][11] Disclosure Management - Any changes in shareholdings must be reported within two trading days, including details of the transaction [12][13] - Violations of trading regulations will result in the company recovering any profits made from such trades [12][13] Responsibilities and Penalties - Directors and senior management who violate the trading rules may face penalties from regulatory bodies and may also be subject to internal disciplinary actions [14][15] - The document emphasizes adherence to national laws and regulations, and any conflicts with future regulations will necessitate amendments to the system [14][15]