General Principles - The rules are established to strengthen the management of shares held by directors and senior management of Tiandi Source Co., Ltd. and their changes, in accordance with relevant laws and regulations [2][3] - These rules apply to the management of shares held by the company's directors and senior management [2] Share Trading Behavior Declaration and Information Disclosure - The company secretary is responsible for managing the identity and shareholding data of directors and senior management, and must report any violations to the Shanghai Stock Exchange [3][4] - Directors and senior management must declare their personal information within two trading days of any changes, including new appointments or resignations [3][4] - Accurate and timely reporting of shareholding data is mandatory, and any false data will incur legal responsibilities [3][4] Shareholding Changes Reporting - Directors and senior management must notify the company secretary two trading days in advance before buying or selling shares [4] - Any changes in shareholding must be reported to the Shanghai Stock Exchange within two trading days, including details such as the number of shares before and after the change [5][6] Restrictions on Share Sales - Directors and senior management are prohibited from selling shares under certain conditions, such as within six months of leaving the company or during investigations by regulatory authorities [8][9] - Violations of trading regulations will result in penalties from the China Securities Regulatory Commission and the Shanghai Stock Exchange [9] Transfer Limitations - Directors and senior management can only transfer a maximum of 25% of their total shareholding within a year, with specific exceptions for judicial enforcement or inheritance [6][7] - Newly acquired shares through various means are subject to specific transfer limits in the year of acquisition [7] Prohibited Trading Situations - Directors and senior management are not allowed to trade shares during specific periods, such as 15 days before the announcement of annual or semi-annual reports [9][10] - They are also prohibited from engaging in derivative transactions involving the company's shares [9][10] Additional Provisions - Any matters not covered by these rules will be governed by relevant laws and regulations [10] - The rules will take effect upon approval by the company's board of directors [10]
天地源: 天地源股份有限公司董事和高级管理人员持股管理规则