华升股份: 华升股份市值管理制度

Core Viewpoint - The company establishes a value management system aimed at enhancing investment value and shareholder returns while ensuring compliance with relevant laws and regulations [1][2][3] Summary by Sections General Principles - Value management is defined as strategic management actions taken to enhance investment value and shareholder returns based on improving company quality [1] - The company emphasizes the importance of protecting investor interests, particularly those of minority shareholders, through honest operations and effective investor relations [1][2] Principles of Value Management - Compliance Principle: Value management must adhere to laws, regulations, and the company's articles of association [2] - Systematic Principle: A holistic approach is required, integrating various business systems for continuous value management [2] - Scientific Principle: A scientific and rational value management system should be established, considering industry and market indicators [2] - Normalization Principle: Value management should be a continuous and dynamic process, with regular monitoring of market conditions [2] - Integrity Principle: Emphasis on honesty and responsibility to foster a healthy market environment [2] Organizational Structure and Responsibilities - The board of directors leads the value management efforts, with the secretary of the board responsible for execution [3][4] - Directors and senior management are tasked with developing strategies, managing capital operations, and responding to crises [3][4] Main Methods of Value Management - Mergers and Acquisitions: The company should actively pursue M&A opportunities to enhance core competitiveness and expand business coverage [5] - Refinancing: Utilizing various financing strategies to meet business development needs [5] - Equity Incentives: Implementing long-term incentive mechanisms to align the interests of management and shareholders [5] - Cash Dividends: Establishing a sustainable dividend policy to enhance investor confidence [5] - Share Buybacks: Conducting buybacks to stabilize market sentiment during periods of low stock prices [5] - Investor Relations Management: Maintaining open communication with investors to enhance understanding and trust [6] - Information Disclosure: Ensuring timely and accurate disclosure of information that may impact investment decisions [7] - Corporate Governance: Continuously improving governance mechanisms to enhance transparency and accountability [8] Monitoring and Response Mechanisms - A comprehensive monitoring system will be established, including key indicators such as market capitalization, earnings growth, and cash flow [8] - The company will adjust its monitoring indicators based on strategic goals and market conditions [8] - In the event of significant stock price declines, the company will analyze causes, communicate with investors, and may implement buyback plans [9]