BIYI(SH:603215) Zheng Quan Zhi Xing·2025-08-25 16:34Core Viewpoint - The article outlines the insider information management system of Zhejiang Biyi Electric Co., Ltd., emphasizing the importance of confidentiality and compliance with relevant laws and regulations [2][9]. Group 1: General Provisions - The purpose of the system is to standardize the management of insider information and enhance confidentiality to ensure fair and just information disclosure [2]. - Insider information is defined as unpublicized information that significantly impacts the company's operations, finances, or market price of its securities [2][3]. Group 2: Responsibilities and Management - The Board of Directors is responsible for managing insider information and ensuring the accuracy and completeness of insider information records, with the Chairman being the primary responsible person [4]. - The Board Secretary is tasked with the specific management of insider information and must maintain accurate records of all individuals aware of insider information prior to its public disclosure [4][5]. Group 3: Confidentiality Obligations - Individuals with access to insider information are obligated to maintain confidentiality and are prohibited from trading the company's stock or disclosing insider information before it is publicly released [5][6]. - The company must conduct self-inspections regarding insider trading activities and report any violations to the relevant authorities within two working days [5][6]. Group 4: Registration and Reporting - The company must establish and maintain a record of insider information personnel, documenting all relevant details such as the time and manner in which they became aware of the information [6][7]. - Specific events, such as mergers or significant asset restructurings, require the company to report insider personnel records to the Shanghai Stock Exchange simultaneously with the disclosure of related information [7][8]. Group 5: Record Keeping and Compliance - Insider information records must be updated regularly and retained for at least ten years from the date of recording [8]. - All departments and subsidiaries of the company are required to adhere to the insider information management system and report significant information according to established regulations [8][9].