LME(SH:688589) Zheng Quan Zhi Xing·2025-08-27 12:08Core Points - The management system for the shares held by directors and senior management of Shenzhen Lihe Microelectronics Co., Ltd. is established to enhance the oversight of shareholding and its changes [4] - The system is based on relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China, as well as self-regulatory guidelines from the Shanghai Stock Exchange [4] Summary by Sections Shareholding Management - Directors and senior management's shareholdings include shares recorded in their credit accounts [1] - Share transfers are restricted under certain conditions, such as within one year of the company's stock listing and within six months after leaving the company [4][5] Restrictions on Share Transfers - Directors and senior management cannot transfer shares if the company is under investigation for securities violations or if they have been penalized within the last six months [2][6] - In cases of significant legal violations that may lead to forced delisting, share transfers are also prohibited during the specified restriction period [5] Share Transfer Limits - Directors and senior management can only transfer up to 25% of their total shareholdings per year through various methods, excluding certain legal circumstances [5] - New shares acquired through company actions or stock incentives can be transferred at a rate of 25% in the year of acquisition [8] Reporting and Disclosure - Any planned share reductions must be reported to the Shanghai Stock Exchange 15 trading days in advance, detailing the number of shares, transfer methods, and reasons for the reduction [6] - Changes in shareholdings must be reported within two trading days, including details of the number of shares before and after the change [14] Compliance and Accountability - The company’s board secretary is responsible for managing the data related to directors and senior management's shareholdings and ensuring compliance with reporting requirements [16] - Violations of the share trading rules may result in penalties from both the company and regulatory authorities [18]