YASHA(SZ:002375) Zheng Quan Zhi Xing·2025-08-12 11:14Core Points - The article outlines the management system for the trading of shares by directors and senior management of Zhejiang Yasha Decoration Co., Ltd, emphasizing compliance with relevant laws and regulations [1][2][3] Group 1: General Provisions - The management system aims to strengthen the oversight of shareholding and trading activities by directors and senior management, ensuring clarity in management procedures [1] - Directors and senior management must comply with the system and are required to be aware of laws prohibiting insider trading and market manipulation [1][2] Group 2: Information Reporting Regulations - Directors and senior management must report their personal and family identity information to the Shenzhen Stock Exchange and the registration and settlement company within specified timeframes [2] - The registration and settlement company will lock the shares held in the securities accounts of directors and senior management upon their reporting [2][3] Group 3: Trading Regulations - Directors and senior management must fill out a "Securities Inquiry Letter" three trading days before trading, and the board secretary must verify the company's information disclosure status [4] - Any changes in shareholding must be reported to the Shenzhen Stock Exchange within two trading days [4][5] Group 4: Prohibited Trading Periods - Directors and senior management are prohibited from transferring shares under specific circumstances, such as within one year of the company's stock listing or within six months after leaving their position [5][6] - Trading is also restricted during certain periods, such as 15 days before the annual or semi-annual report announcements [6][7] Group 5: Transfer Limits and Conditions - Directors and senior management can only transfer up to 25% of their shares annually, with additional restrictions for shares with limited sale conditions [8][9] - The company must disclose any additional transfer conditions related to share issuance or incentive plans [9][10] Group 6: Training and Daily Management - The board must hold semi-annual meetings to reinforce the understanding of share trading regulations among directors and senior management [10][11] - The board secretary is responsible for regular reminders and checks on share trading activities [11] Group 7: Responsibilities and Penalties - Violations of the trading regulations may result in disciplinary actions, including warnings or dismissal, and potential legal consequences [11][12] - The company must maintain complete records of any violations and report them to regulatory authorities as required [12][13]