Core Points - The article outlines the information disclosure deferral and exemption system of Hunan Huasheng Co., Ltd, aiming to ensure compliance with legal obligations and protect investors' rights [1][2] - The system is based on various laws and regulations, including the Company Law and Securities Law of the People's Republic of China [1] - The company must disclose information truthfully, accurately, completely, and timely, and cannot misuse deferral or exemption to evade disclosure obligations [1][2] Summary by Sections Chapter 1: General Provisions - The purpose of the system is to regulate the deferral and exemption of information disclosure by the company and other obligated parties [1] - The company and other obligated parties must ensure compliance with the relevant laws and regulations [1] Chapter 2: Applicable Situations for Deferral and Exemption - Deferral or exemption is allowed if the information involves state secrets or commercial secrets that could lead to unfair competition or harm interests [2][3] - The company can use alternative methods such as pseudonyms or summaries to protect sensitive information in periodic reports [2] Chapter 3: Internal Approval Procedures for Deferral and Exemption - Specific departments must apply for deferral or exemption, which requires confirmation from management and submission to the securities affairs department [4][5] - The application must include details about the type of report and the nature of the information being deferred or exempted [4] Chapter 4: Penalties - The company has established a responsibility accountability mechanism for violations of the system, which may lead to consequences for responsible personnel [5] Chapter 5: Supplementary Provisions - Definitions of "commercial secrets" and "state secrets" are provided, emphasizing the importance of confidentiality [6] - The system will be implemented upon approval by the company's board of directors [6]
华升股份: 华升股份信息披露暂缓与豁免制度