HUAMING(SZ:002270) Zheng Quan Zhi Xing·2025-08-07 11:10General Provisions - The management system for the stock holdings and trading of directors and senior management of Huaming Power Equipment Co., Ltd. aims to strengthen the management of their shares and clarify procedures based on relevant laws and regulations [1][2] - The shares held by directors and senior management include those registered in their names and those held through others' accounts, as well as shares recorded in their credit accounts if engaged in margin trading [1] Information Reporting Regulations - The company secretary is responsible for managing the data and information regarding the identity and shareholdings of directors and senior management, ensuring quarterly checks on their trading disclosures [2][3] - Directors and senior management must report their personal and immediate family members' identity information to the Shenzhen Stock Exchange and the registration and settlement company within specified timeframes [2][3] Trading Regulations - Directors and senior management must notify the company secretary in writing of their trading plans before buying or selling shares, and the board must assess any potential risks [4] - Any changes in shareholdings must be reported within two trading days, including details such as the number of shares held before and after the change [4][5] - A reduction plan must be reported to the Shenzhen Stock Exchange 15 trading days before the first sale, detailing the number of shares, time frame, and reasons for the reduction [5] Prohibited Trading Conditions - Directors and senior management are prohibited from transferring shares under certain conditions, such as within one year of the company's stock listing or within six months after leaving their positions [6][7] - They are also restricted from trading during specific periods, such as 15 days before the announcement of annual or semi-annual reports [6][7] Transfer Limitations - During their term and for six months after, directors and senior management can only transfer up to 25% of their total shareholdings each year, with exceptions for certain circumstances [8][9] - If they hold fewer than 1,000 shares, they may transfer all shares at once without restriction [8] Other Provisions - The rights associated with shares held during the lock-up period, such as voting rights and dividend rights, remain unaffected [11] - Any violations of these regulations by directors and senior management may result in penalties from regulatory authorities [12]