Youngor(SH:600177) Zheng Quan Zhi Xing·2025-08-29 11:21Core Viewpoint - The document outlines the internal management system for the deferral and exemption of information disclosure by Youngor Fashion Co., Ltd, emphasizing compliance with legal regulations and the protection of investors' rights [2][3]. Group 1: General Principles - The company aims to standardize the deferral and exemption of information disclosure to ensure compliance with laws and regulations [2]. - The company and other obligated parties must disclose information truthfully, accurately, completely, and timely, avoiding misuse of deferral or exemption to mislead investors [2][3]. Group 2: Scope and Conditions for Deferral and Exemption - Information can be deferred or exempted if it involves state secrets or could violate confidentiality regulations [3]. - The company has an obligation to protect state secrets and must not disclose them through any means, including investor interactions or media [3]. - Business secrets can be deferred or exempted if they fall under specific conditions, such as core technology information that could lead to unfair competition [3][4]. Group 3: Internal Procedures for Deferral and Exemption - The internal approval process for deferral or exemption includes submission of requests by relevant department heads to the securities department, followed by review and approval from the board secretary and chairman [5]. - If the deferral or exemption is approved, the relevant documents must be archived for ten years [5][6]. - The company must report any deferral or exemption actions to the regulatory authorities within ten days after the announcement of periodic reports [7]. Group 4: Accountability Mechanism - The company has established a responsibility accountability mechanism for deferral and exemption actions, with potential penalties for those who fail to comply with the regulations [7][8].