TC(SH:603421) Zheng Quan Zhi Xing·2025-08-25 17:31General Principles - The company establishes a management system for the shares held by its directors and senior management to strengthen oversight based on relevant laws and regulations [1][2] - This system applies to the management of shares held and traded by the company's directors and senior management [1] Information Reporting and Disclosure - Directors and senior management must report personal information to the company within specified timeframes, including changes in their personal information and shareholdings [2][3] - The company is responsible for ensuring the accuracy and timeliness of the reported data and must disclose trading activities of its directors and senior management [2][3] Shareholding and Trading Restrictions - Directors and senior management are prohibited from transferring shares under certain conditions, including within six months of leaving the company or during investigations [8][9] - There are specific limits on the percentage of shares that can be transferred annually, with a maximum of 25% of their total holdings [5][9] Trading Procedures - Directors and senior management must notify the company in writing of their trading plans at least two trading days in advance for purchases and fifteen trading days for sales [4][5] - Any trading activity must be reported to the stock exchange within two trading days of the transaction [4][5] Violations and Penalties - The company will impose penalties on directors and senior management for violations of trading regulations, which may include warnings, demotions, or legal actions [12][13] - Any profits gained from illegal trading activities must be returned to the company, and the company must disclose the details of such violations [12][13]