Jiangsu (SH:688426) Zheng Quan Zhi Xing·2025-08-29 17:12Core Points - The company has established a system to manage the shares held by its directors and senior management, ensuring compliance with relevant laws and regulations [1][2][3] - Directors and senior management must notify the board secretary of their trading plans before buying or selling shares, and any transactions must be disclosed within two trading days [3][4] - There are specific restrictions on the transfer of shares by directors and senior management, including a limit of 25% of their total shares per year and a prohibition on trading during certain periods [5][6][7] Summary by Sections - Management of Shareholding: The system aims to clarify procedures for managing shares held by directors and senior management, including those held in others' accounts [1][2] - Trading Regulations: Directors and senior management are required to be aware of laws against insider trading and must adhere to commitments regarding their shareholding [2][3] - Disclosure Requirements: Any changes in shareholding must be reported to the board and disclosed on the stock exchange within specified timeframes [3][4] - Transfer Limitations: There are restrictions on the percentage of shares that can be transferred annually, with specific conditions for different scenarios [4][5] - Prohibition Periods: Certain periods are designated during which directors and senior management cannot trade shares, including before financial reports and during investigations [6][7] - Consequences of Non-compliance: Violations of these regulations may result in the company retaining any profits from illegal trades and potential administrative penalties for the individuals involved [7][8]