STI(SZ:300416) Zheng Quan Zhi Xing·2025-07-29 16:32General Provisions - The company establishes a management system for the holding and trading of its stocks by directors and senior management to maintain market order and comply with relevant laws and regulations [1][2] - This system applies to all company directors and senior management, including stocks registered in their names and those in their margin accounts [1] Prohibited Trading Activities - Directors and senior management are prohibited from transferring their company stocks under certain conditions, including within one year of the stock's listing and within six months of leaving their positions [2] - Additional prohibitions include situations involving investigations by regulatory bodies or administrative penalties related to securities violations [2] Trading Restrictions - Directors and senior management cannot trade company stocks during specific periods, such as 15 days before the annual or semi-annual report announcements and five days before quarterly reports [3] - They must also refrain from trading during significant events that could impact stock prices until the information is disclosed [3] Reporting and Disclosure - Directors and senior management must report their stock trading plans in writing to the board secretary before executing trades, who will verify compliance with disclosure regulations [7][8] - They are required to report any changes in their stock holdings within two trading days and ensure the accuracy and timeliness of the information submitted to the Shenzhen Stock Exchange [6][8] Share Management - After one year of listing, newly acquired unrestricted shares by directors and senior management will be automatically locked at 75%, while shares acquired within the first year will be 100% locked [9] - The company must manage the transfer of shares according to its articles of association, which may impose longer transfer restrictions or lower transfer ratios [7] Responsibilities and Penalties - Non-compliance with the trading regulations may result in warnings, reprimands, or even civil liability for damages caused to the company [29][30] - Serious violations of laws or regulations will be reported to relevant regulatory authorities for further action [31]