ZPEC(SH:603619) Zheng Quan Zhi Xing·2025-06-06 11:31General Provisions - The management measures for the changes in shareholding of directors and senior management of Zhongman Petroleum and Natural Gas Group Co., Ltd. are established to regulate the holding and trading of company shares by these individuals, in accordance with relevant laws and regulations [1][2] - This management approach applies to all shares held by directors and senior management, including those held in others' accounts and through margin trading [2] Shareholding Change Rules and Information Disclosure - Directors and senior management must comply with laws and regulations regarding insider trading, market manipulation, and other prohibited or restricted behaviors before trading company shares [2][3] - Prior to trading, directors and senior management must notify the board secretary in writing, who will verify the status of information disclosure and significant matters [3][4] Restrictions on Share Transfers - There are specific conditions under which directors and senior management cannot transfer their shares, including within one year of the company's stock listing and within six months after leaving their position [4][5] - The maximum amount of shares that can be transferred in a year is limited to 25% of the total shares held, with exceptions for certain circumstances [5][6] Reporting and Disclosure Requirements - Directors and senior management must report any changes in their shareholding within two trading days of the occurrence, providing detailed information about the changes [4][6] - A reduction plan must be reported to the stock exchange 15 trading days before the first sale, detailing the number of shares, time frame, and reasons for the reduction [6][7] Prohibition of Certain Trading Activities - Directors and senior management are prohibited from selling shares within six months of purchase or buying shares within six months of sale, with any profits from such transactions to be returned to the company [7][8] - They are also restricted from trading during specific periods, such as before the announcement of financial reports [8][9] Responsibilities and Penalties - If directors and senior management violate these regulations, they may face penalties from regulatory bodies and potential civil liability for losses incurred by the company [10] - The company reserves the right to impose additional penalties or pursue civil compensation for any losses caused by violations of these rules [10]