COTRAN(SZ:300731) Zheng Quan Zhi Xing·2025-07-14 00:12Core Viewpoint - The document outlines the management system for the shares held by directors and senior management of Shenzhen Kexin New Materials Co., Ltd, emphasizing compliance with relevant laws and regulations regarding shareholding and trading activities [1][2]. Group 1: General Provisions - The system aims to enhance the governance structure of the company and manage the shareholding and trading activities of its directors and senior management [1]. - It applies to all shares held by directors and senior management, including those held in others' accounts and through margin trading [1]. Group 2: Reporting and Disclosure Responsibilities - Directors and senior management must report their shareholding changes within two trading days and disclose relevant information through the Shenzhen Stock Exchange [3][4]. - The company secretary is responsible for managing the data and information related to shareholdings and ensuring compliance with reporting requirements [3]. Group 3: Share Lock-up and Transfer Restrictions - Shares acquired by directors and senior management through various means are subject to a 75% lock-up for one year, with specific conditions for lifting the lock-up [5][6]. - Directors and senior management are prohibited from transferring shares within one year of the company's stock listing and for six months after leaving their positions [6][7]. Group 4: Trading Restrictions - Directors and senior management cannot trade shares during specific periods, such as 15 days before annual or semi-annual reports [6]. - Any trading plans must be submitted in writing to the company secretary for verification against compliance with laws and regulations [6][7]. Group 5: Penalties and Compliance - Violations of trading regulations may result in penalties from the China Securities Regulatory Commission and the Shenzhen Stock Exchange, as well as internal company sanctions [4][8]. - The document emphasizes the importance of ensuring that related parties do not engage in insider trading based on non-public information [9][10].