NYOCOR Co.,Ltd.(SH:600821) Zheng Quan Zhi Xing·2025-06-30 16:33General Provisions - The management system for the holding and trading of company stocks by directors and senior management is established to strengthen oversight and clarify procedures based on relevant laws and regulations [1][2] - This system applies to the management of shares held by directors and senior management, including those held in others' accounts [2] Stock Trading Restrictions - Directors and senior management are prohibited from engaging in margin trading or derivative trading involving the company's stocks [2] - They must comply with laws regarding insider trading, market manipulation, and other prohibited or restricted behaviors when trading company stocks [2][3] Reporting Requirements - Directors and senior management must report their stock holdings and any changes within specified timeframes, including when they assume or leave their positions [5][6] - The company must ensure the accuracy and timeliness of these reports and is responsible for any legal consequences arising from inaccuracies [3][6] Trading Period Restrictions - There are specific periods during which directors and senior management are prohibited from trading company stocks, such as 15 days before annual or semi-annual reports and 5 days before quarterly reports [4][5] - Additional restrictions apply during significant events that may impact stock prices until the information is disclosed [4] Shareholding Change Limitations - Directors and senior management cannot reduce their holdings within one year of the company's stock listing or within six months after leaving their positions [5][6] - They must also adhere to additional restrictions if the company is under investigation for securities violations [5] Disclosure of Shareholding Changes - Any changes in shareholdings must be reported within two trading days, including details such as the number of shares before and after the change, the date, and the reason for the change [6][8] - If directors or senior management are also major shareholders or actual controllers, they must comply with additional regulations regarding share increases or decreases [7] Limitations on Transfer of Shares - Directors and senior management can only transfer a maximum of 25% of their total shareholdings each year during their term and for six months after leaving [9][10] - Special provisions apply for share transfers resulting from divorce or other legal circumstances [10] Compliance and Penalties - Violations of the trading regulations will result in the company retaining any profits made from such trades, and the violators may face legal consequences [12][13] - The company is responsible for educating its directors and senior management about the legal restrictions on trading company stocks [12][13] Final Provisions - The system is subject to amendments based on changes in laws and regulations, and the board of directors is responsible for its interpretation and revision [14][14]