KINGNET(SZ:002517) Zheng Quan Zhi Xing·2025-06-13 11:25Core Viewpoint - The company has established a management system to prevent major shareholders and related parties from occupying company funds, ensuring the protection of the company's and shareholders' legal rights [1][2]. Group 1: Definition and Scope - The system applies to fund management between the company and its major shareholders and related parties, including subsidiaries within the consolidated financial statements [1]. - "Fund occupation" includes both operational and non-operational fund occupation, with operational occupation arising from related transactions and non-operational occupation involving payments for wages, benefits, and other expenses on behalf of major shareholders [2]. Group 2: Principles and Measures - The company must strictly prevent fund occupation during operational transactions with major shareholders and related parties, prohibiting the provision of funds for non-operational purposes [2][3]. - A leadership group is established to oversee the prevention of fund occupation, consisting of the chairman, relevant directors, and financial department heads [4]. Group 3: Responsibilities and Accountability - The board of directors and senior management are responsible for maintaining the security of company funds and must report any non-operational fund occupation to the leadership group [5][6]. - Violations of the system by major shareholders or related parties will result in compensation responsibilities and potential disciplinary actions against responsible individuals [6][7]. Group 4: Enforcement and Legal Framework - The company will implement a "freeze upon occupation" mechanism, allowing for judicial freezing of shares held by major shareholders if non-operational fund occupation is detected [5][6]. - The system will take effect upon approval by the company's shareholders' meeting, and any unaddressed issues will be governed by relevant laws and regulations [7].