A-Zenith(SH:603389) Zheng Quan Zhi Xing·2025-08-27 12:09Core Viewpoint - The article outlines the conflict of interest management system established by Yazhen Home Co., Ltd. to prevent conflicts between the interests of the company's directors, senior management, and the company itself, ensuring the protection of the company's and shareholders' interests [1][2]. Group 1: Definition and Scope - The conflict of interest refers to situations where the interests of the company's directors and senior management conflict with the company's interests, potentially harming the company and shareholders [1]. - The system applies to the company's directors and senior management [1]. Group 2: Specific Conflicts - Specific conflicts include holding interests in competing businesses, having interests in entities that do business with the company, providing loans to such entities, and engaging in any form of business dealings that could create a conflict [2][3]. - Directors and senior management are prohibited from selling competitive products or services during their tenure [2]. Group 3: Management and Reporting - The company’s board of directors and the audit committee are responsible for managing conflicts of interest, with the internal audit department handling daily management tasks [5]. - Directors and senior management must declare any potential conflicts within three working days upon awareness and sign a declaration upon their appointment [4][6]. Group 4: Compliance and Consequences - Failure to report conflicts or resolve them may result in disciplinary actions, and the company reserves the right to seek compensation for any damages caused by such conflicts [5]. - The audit committee reviews conflict declarations and may require further investigation if necessary [4][7].