Dianguang Tech(SZ:002730) Zheng Quan Zhi Xing·2025-07-31 16:15Core Viewpoint - The article outlines the management system for the resignation of directors and senior management at Electric Light Explosion-proof Technology Co., Ltd, aiming to ensure the company's healthy, sustainable, and stable development in compliance with relevant laws and regulations [1][2]. Summary by Sections General Principles - The system is established to improve the resignation management framework for directors and senior management, based on the Company Law of the People's Republic of China and relevant regulations from the Shenzhen Stock Exchange [1]. Resignation Circumstances and Procedures - Directors and senior management can resign before their term ends by submitting a written resignation report. The original directors must continue to perform their duties until new directors are elected under specific circumstances [2]. - The company must complete the election of new directors within sixty days of a resignation to ensure compliance with legal and regulatory requirements [2]. - The resignation of a legal representative is considered simultaneous with the resignation of the director or manager [2]. Responsibilities and Obligations of Resigning Directors and Senior Management - Resigning directors and senior management must complete all handover procedures within five working days after their resignation takes effect, including the transfer of operational documents and financial materials [3]. - The obligations of loyalty to the company remain effective for three years after resignation, and confidentiality regarding trade secrets continues until the information becomes public [3][4]. - Directors are not exempt from responsibilities incurred during their tenure, and the company will bear liability for damages caused by directors' actions [4]. Shareholding Management of Resigning Directors and Senior Management - Directors and senior management are prohibited from transferring their shares for six months after resignation [5]. - There are restrictions on the percentage of shares that can be transferred annually, and any changes in shareholding must be reported to the company [5]. Accountability Mechanism - If a resigning director or senior management fails to fulfill their commitments, the board of directors will review and determine the accountability measures, which may include compensation for direct losses and expected benefits [6]. - Resigning individuals can appeal the accountability decisions within fifteen days of notification [6].