M&G(SH:603899) Zheng Quan Zhi Xing·2025-08-27 11:24Core Points - The document outlines the management system for the deferral and exemption of information disclosure by Shanghai M&G Stationery Inc. to ensure compliance with legal obligations and protect investors' rights [2][3][4] Chapter Summaries Chapter 1: General Principles - The purpose of the system is to regulate the deferral and exemption of information disclosure, ensuring compliance with the Securities Law of the People's Republic of China and relevant stock exchange rules [2] - The company can independently assess whether information should be deferred or exempted from disclosure based on the rules [2] Chapter 2: Scope of Deferred and Exempted Information - Information that is uncertain or classified as temporary business secrets can be deferred if timely disclosure may harm the company's interests or mislead investors [2][3] - Information that is classified as state or business secrets may be exempted from disclosure if it violates confidentiality laws or harms the interests of the company and investors [2][3] Chapter 3: Registration and Approval of Deferred and Exempted Information - The company must register details regarding the deferral or exemption of information, including reasons for confidentiality and potential impacts on the company or others [3][4] - After annual, semi-annual, or quarterly reports, the company must submit registration materials for deferred or exempted disclosures to the stock exchange within 10 days [3] Chapter 4: Miscellaneous Provisions - The board secretary is responsible for organizing and coordinating deferral and exemption matters under the board's leadership [4] - The company must take effective measures to prevent the leakage of deferred or exempted information and cannot abuse these procedures to evade disclosure obligations [4][5] - If the reasons for deferral or exemption are eliminated, or if the information becomes difficult to keep confidential, the company must disclose it promptly [4][5]