Zheng Quan Zhi Xing·2025-08-15 12:16General Principles - The information disclosure management system of COSCO Shipping Energy Transportation Co., Ltd. aims to standardize the company's information disclosure behavior and protect the legitimate rights and interests of shareholders and creditors [1][2] - The system is based on various laws and regulations, including the Company Law of the People's Republic of China and the Securities Law [2][3] Scope of Application - The system applies to the company, its subsidiaries with over 50% control, and other companies under its consolidated financial statements [2] Basic Principles of Information Disclosure - Information refers to specific data that could significantly impact the trading price of the company's securities and is not yet known to investors [3] - Disclosure must be timely, accurate, and fair to all shareholders, ensuring no false statements or omissions [3][4] Content of Information Disclosure - Required disclosure documents include prospectuses, fundraising documents, listing announcements, periodic reports, and temporary reports [7] - Periodic reports must adhere to specific formats and rules set by regulatory bodies, with annual reports due within three months after the fiscal year-end [8][9] Procedures for Information Disclosure - The company must have a structured approval process for information disclosure, involving department heads, the board secretary, and the chairman [18][19] - The board secretary is responsible for managing the information disclosure process and ensuring compliance with regulations [19][20] Media for Information Disclosure - Information must be disclosed in both Chinese and English, with designated media including the Shanghai Stock Exchange and Hong Kong Stock Exchange websites [24][25] Responsibilities and Accountability - The board of directors and senior management are responsible for the accuracy and completeness of disclosed information, with potential penalties for violations [30][31] - The audit committee must monitor the company's information disclosure practices and report any issues to the board [35][36] Confidentiality Measures - Company personnel with access to undisclosed information must maintain confidentiality, and measures should be taken to limit the number of individuals with access [38][39] Supervision and Management - The company will impose disciplinary actions for breaches of the information disclosure management system, including potential legal consequences for serious violations [40][41]