天创时尚: 天创时尚股份有限公司董事、高级管理人员所持公司股份及其变动管理办法（2025年8月修订）

General Principles - The management measures for the shares held by the directors and senior management of Tianchuang Fashion Co., Ltd. aim to strengthen the management of shareholding changes, maintain market order, and protect investors' rights [1][2] - The measures are based on relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [1] Shareholding and Trading Restrictions - Shares held by directors and senior management include those registered in their names and those held through others' accounts [2] - Directors and senior management are prohibited from transferring shares under specific circumstances, such as within one year of the company's stock listing or within six months after leaving the company [2][3] - They cannot sell shares within six months of purchase or repurchase shares within six months of sale, with any profits from such transactions being returned to the company [3] Trading Blackout Periods - Directors and senior management are restricted from trading shares during specific periods, including 15 days before the announcement of annual or semi-annual reports and five days before quarterly reports [4] Information Disclosure and Reporting - The company secretary is responsible for managing the shareholding data of directors and senior management and must report any violations to regulatory authorities [9] - Changes in shareholding must be reported within two trading days, including details such as the number of shares before and after the change [15] Share Transfer Management - Directors and senior management can only transfer up to 25% of their shares in a year, with exceptions for judicial enforcement or inheritance [9][10] - Shares held under lock-up conditions can only be transferred once the conditions are met, and the company must apply for the release of such restrictions [24] Responsibilities and Penalties - Violations of these measures can lead to penalties, including warnings, demotions, or legal action, depending on the severity of the violation [27][28] - The company must report any illegal trading activities to the relevant authorities and may require responsible individuals to publicly apologize if significant harm is caused [29]