Geo-Jade Petroleum(SH:600759) Zheng Quan Zhi Xing·2025-07-25 16:37General Provisions - The company establishes a system to manage the shareholding and trading activities of shareholders, directors, senior management, and insiders to ensure compliance with laws and regulations [1][2] - The shares held by these individuals include all shares registered in their names and those in their margin accounts [1] Management of Shareholding Changes - Directors and senior management must report their shareholding information to the company within two trading days after their appointment or any changes [2][3] - The company guarantees the accuracy and timeliness of the reported data and assumes legal responsibility for any discrepancies [2] Share Transfer Regulations - Each year, directors and senior management can transfer up to 25% of their shares based on the number of shares held at the end of the previous year, with certain exceptions [3][4] - They must disclose any changes in their shareholding within two trading days, including the number of shares before and after the change, the date, quantity, price, and reason for the change [4] Shareholder Increase in Holdings - Shareholders reaching or exceeding 2% of the company's issued shares must notify the company of their increase in holdings and the company must announce this promptly [5][6] - The announcement must include details such as the shareholder's name, the method of increase, and the number of shares held before and after the increase [5] Shareholder and Director Reduction Regulations - Major shareholders and directors must comply with specific regulations when reducing their holdings, including limits on the total number of shares that can be sold within a 90-day period [8][9] - They must report their reduction plans to the stock exchange 15 trading days before the first sale and disclose the progress of their reductions [12][13] Restrictions on Trading - Directors and senior management are prohibited from trading the company's shares during specific periods, such as 15 days before the annual report announcement [4][11] - They must also refrain from trading if they are under investigation for securities violations or have been publicly reprimanded [10][11] Compliance and Penalties - Violations of the trading regulations may result in disciplinary actions from the stock exchange, including warnings, public reprimands, or trading restrictions [41][42] - The company must disclose any violations and the resulting penalties in its periodic reports [42][43]