Core Points - The document outlines the management system for the shares held by directors and senior management of Baotailong New Materials Co., Ltd, aiming to strengthen the management of shareholding changes and maintain market order [1][2]. Summary by Sections Management Regulations - The management system is established based on various laws and regulations, including the Company Law and Securities Law of the People's Republic of China, as well as guidelines from the China Securities Regulatory Commission (CSRC) and the Shanghai Stock Exchange [1]. - Directors and senior management must comply with restrictions on share transfers as stipulated by relevant laws and regulations [2]. Shareholding Definitions and Restrictions - Shares held by directors and senior management include those registered in their names and those held through others' accounts, including shares in margin trading accounts [2]. - Directors and senior management are prohibited from short selling company shares and engaging in derivative transactions based on the company's stock [2]. Transfer Restrictions - Specific conditions under which shares cannot be transferred include: within one year of the company's stock listing, within six months after leaving the company, and during investigations or legal proceedings related to securities violations [2]. - The maximum number of shares that can be transferred annually is limited to a certain percentage of their total holdings, with specific provisions for those holding fewer than 1,000 shares [3][4]. Reporting and Disclosure Requirements - Directors and senior management must report shareholding changes within two trading days and disclose details such as the number of shares held before and after the change [6][7]. - A reduction plan must be reported to the Shanghai Stock Exchange 15 trading days before the first sale, including the number of shares, time frame, and reasons for the reduction [9][5]. Compliance and Penalties - Violations of the transfer regulations may result in penalties from the CSRC, including mandatory repurchase of shares and potential market bans for severe infractions [8][18]. - The board of directors is responsible for interpreting and modifying the management system, which takes effect upon approval by the shareholders' meeting [20].
宝泰隆: 宝泰隆新材料股份有限公司董事和高级管理人员所持公司股份及其变动管理制度