QIFAN(SH:605222) Zheng Quan Zhi Xing·2025-07-21 16:16Core Points - The document outlines the management system for related party transactions of Shanghai Qifan Cable Co., Ltd, aiming to standardize related transactions and protect the rights of investors, especially minority shareholders [1][2][3] - The company emphasizes fair pricing, compliance with decision-making procedures, and proper information disclosure in related transactions [1][2] - The board's audit committee is responsible for controlling and managing related transactions [1] Chapter Summaries Chapter 1: General Principles - The purpose of the management system is to regulate related party transactions and protect investors' rights [1] - Related transactions should be priced fairly, with compliance in decision-making and information disclosure [1] - The audit committee of the board is tasked with overseeing related transactions [1] Chapter 2: Related Parties and Transactions - Related parties include both legal entities and natural persons that have a significant relationship with the company [2] - Specific criteria are provided to identify related legal entities and natural persons, including those who hold more than 5% of shares [2][3] Chapter 3: Disclosure and Decision-Making Procedures for Related Transactions - Transactions exceeding certain thresholds must be disclosed, including those with related natural persons over 300,000 yuan and with related legal entities over 3 million yuan [11][12] - Independent directors must approve related transactions before they are submitted to the board for discussion [5][8] Chapter 4: Content of Disclosure for Related Transactions - The company must disclose details of related transactions, including the nature of the transaction, pricing policies, and the impact on the company [38][39] - Specific requirements for disclosing transactions related to asset acquisitions, joint investments, and debt relations are outlined [40][41][42] Chapter 5: Exemptions from Disclosure and Decision-Making Procedures - Certain transactions, such as those that provide unilateral benefits without obligations, may be exempt from the usual disclosure and approval processes [44][45] Chapter 6: Pricing of Related Transactions - Related transactions must be governed by written agreements that specify pricing policies [46] - Fair pricing principles are established, including referencing government pricing, market prices, and cost-plus methods [47][48] Chapter 7: Supplementary Provisions - The management system will be implemented after approval by the board and will comply with relevant laws and regulations [50][51]