CHIPPACKING(SH:688216) Zheng Quan Zhi Xing·2025-07-17 16:25Core Viewpoint - The document outlines the management system for funds transactions between Qipai Technology Co., Ltd. and its related parties, aiming to prevent the misuse of company funds by controlling shareholders and actual controllers, thereby protecting the rights of the company and its stakeholders [2][3]. Group 1: General Principles - The system is designed to strengthen and standardize the fund management of Qipai Technology Co., Ltd. and its subsidiaries, preventing fund occupation by controlling shareholders and related parties [2]. - The system applies to fund management between the company and its controlling shareholders, actual controllers, and other related parties, including subsidiaries within the consolidated financial statements [2]. - "Related parties" are defined according to relevant laws and regulations [2]. Group 2: Fund Occupation Definitions - Fund occupation includes both operational and non-operational fund occupation [3]. - Operational fund occupation arises from related transactions in procurement and sales [3]. - Non-operational fund occupation includes various forms of financial support to related parties without genuine transactions, such as paying salaries or debts on behalf of related parties [3]. Group 3: Fund Transaction Regulations - The company must strictly follow approval procedures for any operational fund transactions with controlling shareholders and related parties [6]. - The company is prohibited from providing funds to controlling shareholders and related parties through various means, including covering expenses or providing loans without proper commercial justification [7][8]. - Any fund occupation must be resolved within the agreed timeframe; otherwise, it is considered a violation of the regulations [7]. Group 4: Responsibilities and Measures - The board of directors is responsible for preventing fund occupation by controlling shareholders and related parties, and management must adhere to legal obligations to protect company funds [9]. - Financial and audit departments are tasked with monitoring and reporting on fund transactions with related parties to ensure compliance with regulations [6][9]. - External auditors must provide special reports on any fund occupation by controlling shareholders during annual audits [6]. Group 5: Accountability and Penalties - Controlling shareholders and related parties who violate the regulations and cause losses to the company must bear compensation responsibilities [8]. - Company directors and senior management are obligated to maintain the integrity of company funds and may face penalties for violations [8]. - Funds occupied by controlling shareholders should ideally be repaid in cash, with non-cash repayment methods requiring internal approval [8].