MAYAIR(SH:688376) Zheng Quan Zhi Xing·2025-09-03 11:17General Principles - The management system for the shares held by directors and senior management of Meiyah (China) Environmental Technology Co., Ltd. is established to strengthen the management of shareholdings and changes in accordance with relevant laws and regulations [2][3]. Scope of Application - This system applies to the management of shares held by the company's directors and senior management, including shares registered in their names and those held through others' accounts [2][3]. Trading Restrictions - Directors and senior management are prohibited from trading the company's shares during specific periods, including 15 days before the annual and semi-annual report announcements, 5 days before quarterly reports, and during significant events that may impact share prices [3][4]. - Any profits from selling shares within 6 months of purchase must be returned to the company [4]. Transfer Limitations - Shares held by directors and senior management cannot be transferred under certain conditions, such as within one year of the company's stock listing or within six months after leaving the company [4][5]. - Directors and senior management are restricted from reducing their holdings of pre-IPO shares until the company achieves profitability for three full accounting years [5]. Trading Quantity - The maximum amount of shares that directors and senior management can transfer annually is limited to 25% of their total holdings, with exceptions for certain circumstances [6][7]. - Any untransferred shares at the end of the year will be included in the calculation for the following year's transferable shares [7]. Information Disclosure - The company secretary is responsible for managing the data related to the shareholdings of directors and senior management, ensuring compliance with disclosure requirements [8][9]. - Directors and senior management must report any changes in their shareholdings within two trading days and disclose relevant details through the company's announcements [9][10]. Additional Provisions - The system will be effective upon approval by the company's board of directors and will be revised as necessary [11].