Core Points - The document outlines the management system for the shareholding changes of directors and senior management of Guangzhou HuanTou Yongxing Group Co., Ltd. to ensure compliance with relevant laws and regulations [1][2][11] Summary by Sections General Provisions - The system is established to manage the shares held by directors and senior management in accordance with the Company Law, Securities Law, and other relevant regulations [1] - It applies to the management of shares held and traded by the company's directors and senior management [1] Restrictions on Buying and Selling Company Shares - Directors and senior management can only transfer up to 25% of their total shares within their term and for six months after their term ends, with exceptions for certain circumstances [2][3] - Shares held by directors and senior management cannot be transferred within one year of the company's stock listing or within six months after leaving the company [3][4] Reporting and Disclosure of Share Transactions - The company secretary is responsible for managing the identity and shareholding data of directors and senior management, ensuring timely reporting to the stock exchange [6][7] - Directors and senior management must notify the company of their trading plans in writing before executing any trades [8][9] Responsibilities and Penalties - Violations of the share trading regulations may lead to internal disciplinary actions or penalties from regulatory authorities [23][24] - The company will recover any profits from short-term trading by directors and senior management [23]
永兴股份: 永兴股份董事、高级管理人员所持股份变动管理制度（2025年8月）