QIFAN(SH:605222) Zheng Quan Zhi Xing·2025-07-21 16:15Core Viewpoint - The document outlines the management system for regulating fund transactions between Shanghai Qifan Cable Co., Ltd. and its controlling shareholders and related parties, aiming to prevent fund occupation and protect the rights of the company and its stakeholders [1]. Summary by Sections General Principles - The purpose of the management system is to standardize fund transactions with controlling shareholders and related parties, preventing fund occupation and protecting the company's and stakeholders' rights [1]. - Controlling shareholders are defined as those holding more than 50% of the company's shares or having significant voting power [2]. - Fund occupation includes both operational and non-operational fund occupation, with specific definitions provided for each type [2]. Prevention Principles and Regulations - Related transactions must comply with the company's articles of association and relevant regulations, with clear settlement periods established to prevent fund occupation [3]. - The company must not cover expenses for controlling shareholders or related parties, nor allow any form of fund occupation [3][4]. - Strict regulations are in place to prevent the company from providing funds to controlling shareholders and related parties without proper business justification [3][4]. Responsibilities and Measures - The board of directors is responsible for managing and preventing fund occupation, with specific duties assigned to senior management and financial departments [5][6]. - Regular checks and audits are mandated to ensure compliance and prevent non-operational fund occupation [6][7]. - The company’s financial department must monitor fund flows and report any irregularities to the board [7][8]. Accountability and Disciplinary Actions - Directors and senior management are obligated to protect company funds from occupation by controlling shareholders [9][10]. - Disciplinary actions, including warnings and potential legal consequences, are outlined for those found complicit in fund occupation [10][11]. - The company must establish a clear plan for recovering funds in cases of occupation and report to regulatory authorities as necessary [9][10].