Appo(SH:688007) Zheng Quan Zhi Xing·2025-08-29 14:19General Principles - The management system for the shares held by the board of directors and senior management of Shenzhen Guangfeng Technology Co., Ltd. is established to strengthen the management of shareholding and changes in accordance with relevant laws and regulations [1][2] - The shares held by the board and senior management include all shares registered in their names and those held through others' accounts, including shares in margin trading [1][2] Share Trading Restrictions - Directors and senior management are prohibited from engaging in margin trading or derivative trading involving the company's shares [1][2] - Specific trading restrictions are in place during certain periods, such as 15 days before the annual and semi-annual reports and 5 days before quarterly reports [2][3] Share Transfer Limitations - Shares held by directors and senior management cannot be transferred within one year of the company's stock listing or within six months after leaving the company [2][3] - A maximum of 25% of the total shares held can be transferred each year during their term and within six months after their term ends, with exceptions for certain circumstances [3][4] Reporting and Disclosure Requirements - Directors and senior management must report their shareholding status and any changes within two trading days of the occurrence [5][6] - A reduction plan must be disclosed 15 trading days prior to any planned share transfer, detailing the number of shares, time frame, and reasons for the transfer [6][7] Compliance and Accountability - The company is responsible for ensuring that directors and senior management comply with the regulations regarding share trading and must report any violations to the relevant authorities [7][8] - The company secretary is tasked with managing the identity and shareholding data of directors and senior management, ensuring compliance with reporting requirements [8]