Netac(SZ:300042) Zheng Quan Zhi Xing·2025-07-18 16:26Core Viewpoint - The company establishes a long-term mechanism to prevent the controlling shareholder and related parties from occupying company funds, ensuring compliance with relevant laws and regulations [1][2]. Group 1: Definition and Prevention of Fund Occupation - Fund occupation includes both operational and non-operational forms, such as related transactions in business operations and various financial support to controlling shareholders [2]. - The company must prevent any direct or indirect occupation of funds, assets, and resources by the controlling shareholder and related parties [3]. - The company is required to implement timely settlement of related transactions to avoid abnormal operational fund occupation [4]. Group 2: Responsibilities of the Board and Management - The board of directors and senior management have a legal obligation to maintain the safety of company funds and prevent occupation by controlling shareholders [4]. - The chairman of the board is the primary responsible person for preventing fund occupation and overseeing the clearance of occupied funds [5]. - The board must conduct self-inspections regarding fund transactions with controlling shareholders and take effective measures if any occupation is identified [4][6]. Group 3: Mechanism for Fund Occupation and Accountability - A mechanism is established for "occupation equals freezing," allowing for immediate judicial freezing of shares if asset occupation is detected [5]. - The financial officer must report any occupation of assets by the controlling shareholder within two days, detailing the circumstances and involved parties [6]. - The company will impose administrative and economic penalties on responsible individuals if non-operational fund occupation occurs, and may pursue legal accountability for losses incurred by investors [8]. Group 4: Implementation and Compliance - The company must adhere to national laws and regulations, and any inconsistencies with internal policies will defer to these higher standards [8]. - This system will be implemented following approval by the company's shareholders' meeting [8].