WOTE(SZ:002886) Zheng Quan Zhi Xing·2025-08-01 16:35Core Viewpoint - The document outlines the management system for the deferral and exemption of information disclosure by Shenzhen Water New Materials Co., Ltd, aiming to ensure compliance with legal obligations and protect investors' rights [1][2]. Group 1: General Principles - The system is established to regulate the deferral and exemption of information disclosure, ensuring that the company and related parties fulfill their disclosure obligations in accordance with relevant laws and regulations [1]. - Information disclosure obligations apply to various stakeholders, including the company's board of directors, senior management, shareholders, and other relevant parties [2][3]. Group 2: Conditions for Deferral and Exemption - Information can be deferred or exempted from disclosure if it falls under specific circumstances outlined in the regulations, such as being a temporary business secret or if timely disclosure could harm the company's interests or mislead investors [2][4]. - The definition of business secrets and state secrets is provided, emphasizing the need for confidentiality and the potential risks of disclosure [3]. Group 3: Internal Review Procedures - A detailed internal review process is established for handling deferral and exemption requests, requiring documentation and approval from the board of directors [5][6]. - The company must maintain records of deferred or exempted information, including reasons for deferral and the identities of individuals privy to the information [5][6]. Group 4: Accountability and Compliance - The company has established a mechanism for accountability regarding the deferral and exemption of information disclosure, with potential penalties for those who fail to comply with the established procedures [6][7]. - The document emphasizes adherence to the rules set forth by the Shenzhen Stock Exchange and other regulatory bodies [7].