Group 1 - The report details the specialized training conducted for the management and actual controller of Guangdong Zhongqi New Materials Co., Ltd. following a recent change in the actual controller [1] - The training covered compliance requirements for the use of raised funds, operational norms for listed companies, behavior norms for actual controllers, and information disclosure [1] - The training was well-received, with participants actively engaging and enhancing their understanding of relevant laws and regulations, which will help improve corporate governance and operational standards [1]

Core Points - The article outlines the internal confidentiality system for major information at Dalian Dali Kape Technology Co., Ltd, ensuring fair information disclosure and protecting the rights of shareholders and stakeholders [2][3] - The Board of Directors is designated as the management body for major information confidentiality, with the Chairman as the primary responsible person [2][3] - Major information is defined as undisclosed information that could significantly impact the company's production, operations, or financial status, as well as its stock trading prices [3][4] Group 1 - The internal confidentiality system is established in accordance with relevant laws and regulations, including the Company Law and Securities Law [2][3] - The Board Secretary and the Board Office are responsible for managing communications with regulatory bodies, media, and shareholders [2][3] - All departments and personnel are prohibited from disclosing major information without approval from the Board [2][3] Group 2 - Major information includes insider information as defined by the Securities Law, significant events, and details related to regular reports and performance forecasts [3][4] - Internal personnel are defined as individuals who can access major information due to their positions or shareholdings [4][5] - Confidentiality obligations apply to all internal personnel, who must not disclose major information or engage in insider trading [5][6] Group 3 - The company must ensure timely disclosure of major information in accordance with regulatory timelines, and no information should be disclosed to the public before official announcements [6][7] - In cases of potential leaks or abnormal stock price fluctuations, the company is required to disclose the information immediately [6][7] - Non-internal personnel are also expected to refrain from inquiring about major information and are subject to confidentiality obligations once they become aware of such information [7][8] Group 4 - The company must maintain strict control over documents containing major information and ensure that all personnel involved in confidential work adhere to confidentiality agreements [8][9] - Any informal announcements must be reviewed and approved by the Board Office to prevent unauthorized disclosures [9][10] - Violations of confidentiality regulations may result in disciplinary actions, including termination and liability for damages [10]

Core Viewpoint - Knight Dairy has faced significant penalties due to substantial losses in futures trading and failure to disclose this information in a timely manner, leading to warnings and fines from regulatory authorities [1][3][4]. Group 1: Financial Losses and Penalties - In 2024, Knight Dairy engaged in futures trading for commodities such as soybean meal, sugar, and urea, resulting in cumulative losses of up to 41.12% of its 2023 audited net profit by the end of the year [2][3]. - The total penalties imposed by the Inner Mongolia Securities Regulatory Bureau amount to 3.4 million yuan, with specific fines for the chairman and other executives totaling 340,000 yuan [1][3]. - As of January 17, 2024, the cumulative losses from futures trading reached 902.46 million yuan, representing 12.60% of the 2022 audited net profit [2]. Group 2: Company Operations and Strategy - Knight Dairy, established in 1992, operates across the entire dairy supply chain, including feed crop planting, dairy farming, dairy processing, and sugar production, and was listed on the Beijing Stock Exchange in October 2023 [5][6]. - The company has been increasing investments in upstream industries, aiming to expand its sugar project and optimize its agricultural and dairy supply chain over the next 3-5 years [5][6]. - Despite a decline in milk prices, Knight Dairy has continued to invest in its livestock business, with recent capital injections into its wholly-owned subsidiary [6]. Group 3: Market Environment and Risks - The dairy industry has been facing challenges, with milk prices in major producing provinces averaging 3.32 yuan per kilogram in 2024, a decrease of 13.5% year-on-year [7]. - The sugar market is also volatile, influenced by futures market fluctuations, natural disasters, and policies from major importing and exporting countries, which can lead to revenue instability [7].

Core Viewpoint - Zhejiang Zhongxin Fluorine Material Co., Ltd. has not faced any penalties from regulatory authorities in the last five years, but received a warning letter regarding internal control and disclosure issues [1][5]. Summary by Sections Regulatory Penalties - The company has not been penalized by the securities regulatory authorities or exchanges in the last five years [1]. Regulatory Measures and Rectification - The company received a warning letter from the Zhejiang Securities Regulatory Bureau, citing issues related to accounting policy changes at its wholly-owned subsidiary, Fujian Zhongxin Fluorine Material Gaobao Technology Co., Ltd. [2][3]. - The warning letter highlighted that the company failed to disclose changes in inventory cost accounting methods and did not follow the necessary review procedures [2]. - Additional issues included non-compliance in revenue, cost, and expense recognition, as well as inadequate internal controls [3]. - Key personnel, including the chairman and financial director, were held responsible for these violations and were issued warning letters [3]. Response and Improvement Measures - Following the warning letter, the company held board meetings to address the issues and approved a resolution to change the accounting policy in compliance with regulatory requirements [5]. - The company has committed to enhancing its legal and regulatory knowledge among its management and staff to ensure compliance and improve operational standards [5]. - No other regulatory measures have been issued against the company in the last five years apart from the warning letter [5].

成都运达科技股份有限公司 第一章 总则 第一条 为进一步规范成都运达科技股份有限公司（以下简称"公司"）内幕 信息管理行为，加强内幕信息保密工作，维护公司信息披露的公开、公平、公正 原则，根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司信 息披露管理办法》《深圳证券交易所创业板股票上市规则》《上市公司监管指引 第 5 号——上市公司内幕信息知情人登记管理制度》《深圳证券交易所上市公司 自律监管指引第 5 号——信息披露事务管理》等有关法律法规及《公司章程》的 有关规定，特制订本制度。 第二条 内幕信息的管理工作由董事会负责，董事会应当保证内幕信息知情 人档案真实、准确和完整，董事长为主要责任人，董事会秘书负责办理公司内幕 信息知情人的登记入档和报送事宜。 第三条 未经董事会批准同意，公司任何部门和个人不得向外界泄露、报道、 传送有关涉及公司内幕信息及信息披露的内容。对外报道、传送的文件、软（磁） 盘、录音（像）带、光盘、其他储存介质等涉及内幕信息及信息披露内容的资料， 须经董事会秘书审核同意（并视重要程度报董事会审核）后，方可对外报道、传 送。 第四条 公司董事、高级管理人员和公司各部门、各控股 ...

浙江金道科技股份有限公司 第一章 总则 第一条 为贯彻证券市场公开、公平、公正原则，规范浙江金道科技股份有限 公司（以下简称"公司"）接待和推广的行为和管理，加强公司与投资者和潜在 投资者（以下统称"投资者"）之间的交流和沟通，改善公司治理，根据《中华 人民共和国公司法》《中华人民共和国证券法》等法律法规和中国证监会、深圳 证券交易所相关规定以及《公司章程》的规定，结合公司实际情况，制定本制度。 第二条 本制度所述的接待和推广工作是指公司通过股东会、接受投资者调 研、邮寄资料、一对一沟通、现场参观、电话咨询、业绩说明会、分析师会议、 投资者恳谈会和路演、新闻采访等活动，加强公司与投资者之间沟通，增进投资 者对公司了解的工作。 第三条 制定本制度的目的：规范公司接待和推广工作的行为，增加公司信息 披露透明度及公平性，提高公司透明度，改善公司治理结构，促进公司与投资者 之间的良性关系，增进外界对公司的了解和认知。 第四条 接待和推广的基本原则： 第五条 除非得到明确书面授权并经过培训，公司董事、高级管理人员和员 工、以及股东、实际控制人，应避免在投资者关系活动中代表公司发言。 第二章 接待和推广工作负责人 第六条 ...

Core Viewpoint - The focus of the upcoming years should be on how finance can support companies in their "nature-positive" transformation, emphasizing risk identification, management, and seizing new business opportunities [1][2]. Group 1: Biodiversity and Financial Risks - According to the IPBES report, 14 out of 18 assessed ecosystem service categories have shown a declining trend since 1970, highlighting the critical need for financial institutions to address biodiversity loss as a systemic risk [2]. - Financial institutions, as primary sources of funding, play a significant role in economic stability and development, making the promotion of "nature-positive" transformations essential [2]. Group 2: Risk Management and Information Disclosure - Effective risk management involves early identification and understanding of potential impacts, which may include physical and transition risks [2]. - Information disclosure is crucial for companies to recognize and manage their biodiversity-related risks, with over a hundred companies already adopting the TNFD framework for this purpose [2][3]. - The TNFD provides guidance on governance, strategy, risk and opportunity management, and metrics, which are essential for companies to improve their risk management practices [3]. Group 3: Policy and Regulatory Developments - The Chinese government is actively developing policies to enhance sustainable disclosure, with the Ministry of Finance set to issue guidelines for corporate sustainability disclosures by November 2024 [3]. - Stock exchanges in China are increasing requirements for listed companies to disclose sustainability-related information, particularly concerning biodiversity [3]. Group 4: Opportunities in Transformation - The process of addressing risks also presents opportunities for innovation and new business ventures, particularly in the context of emerging technologies [6]. - Clear definitions and standards for "nature-positive" projects are necessary for financial institutions to provide adequate funding support [6]. - Financial institutions are encouraged to innovate and explore new financing models, such as ecological asset pledging and mixed financing approaches, in supportive external environments [6].

山东新潮能源股份有限公司 本人吴羡严格按照《中华人民共和国公司法》 （以下简称"《公司法》"）、 《上 市公司独立董事管理办法》等法律法规，以及《公司章程》等公司制度，作为山 东新潮能源股份有限公司（以下简称"公司"）的独立董事，在 2024 年度任职 期间恪尽职守、勤勉尽责，充分发挥独立董事的作用，积极出席相关会议，积极 关注公司发展，认真审议董事会各项议案，对公司相关事项发表独立意见，切实 维护了公司和全体股东尤其是中小股东的合法利益。现将本人 2024 年度工作情 况汇报如下： 一、基本情况 （一）个人工作履历、专业背景及兼职情况 吴羡，女，1987 年出生，中国国籍，东北财经大学会计学本科，休斯顿大 学会计学硕士研究生，拥有美国永久居留权，美国注册会计师。曾任 Canady and Canady LLC 高级税务助理，BDO USA, LLP 高级税务助理、安永会计师事务所 高级税务助理-税务经理，先后参与多家上市公司季度和年度财务报表相关的税 务审计工作，现任 McDermott International, Inc.税务经理。2023 年 2 月 27 日至今， 任公司独立董事。 （二）是否存在影 ...

Core Viewpoint - The China Securities Regulatory Commission (CSRC) emphasizes the need for stable and orderly risk prevention in the bond default and private equity fund sectors, reinforcing regulatory measures to maintain market order and protect investors' rights [1] Regulatory Actions - In the first half of this year, local securities regulatory bureaus issued 180 penalties to over 130 private equity institutions, highlighting issues across multiple operational stages [2] - Violations included improper fundraising practices, such as using unqualified entities for fundraising and soliciting non-qualified investors, as well as misleading promises of capital protection and exaggerated product claims [2] - Management issues were also noted, including failure to adhere to fund contracts, unauthorized delegation of investment management rights, and misappropriation of fund assets [2] Information Disclosure - Information disclosure remains a common issue, with penalties for failing to provide timely and accurate updates to investors regarding net asset values and other significant information [3] - The lack of effective internal governance mechanisms, such as inadequate record-keeping and failure to establish related party transaction systems, has also led to penalties for several private equity firms [3] Regulatory Framework - The CSRC has implemented a "double penalty system," which penalizes both the institutions and their responsible individuals for violations, enhancing the deterrent effect of regulations [4] - As of the end of May, there were 19,832 registered private equity fund managers in China, managing a total of 20.27 trillion yuan, indicating a large industry scale [4] Industry Response - The ongoing stringent regulatory environment is prompting private equity firms to enhance their competitiveness and compliance practices [5] - Firms are encouraged to establish robust compliance management systems, improve risk control frameworks, and foster better communication with investors to build a reputable brand [5] - Embracing compliance proactively and leveraging technology, such as AI, can improve operational efficiency and strengthen investment capabilities [5]

Core Viewpoint - The Shanghai Stock Exchange (SSE) has initiated the development of a holding-type real estate Asset-Backed Securities (ABS) market, which currently has six products with a total custody scale of approximately 12.096 billion yuan, and 14 projects under review. This market is diversifying its underlying asset types, including highways, affordable rental housing, office buildings, and data centers, marking a new phase of growth in the sector [1]. Market Development - The holding-type real estate ABS market in Shanghai has shown steady growth and continuous improvement, with an increase in the number and scale of issuances, and a diversification of product types covering various fields such as affordable rental housing, data centers, and transportation infrastructure [1]. - The market has attracted a diverse range of investors, including bank wealth management, brokerage proprietary trading, and insurance asset management, leading to enhanced market liquidity and activity [1]. Information Disclosure - The core feature of holding-type real estate ABS is its "equity attribute," which emphasizes the importance of information disclosure. The SSE has been optimizing the disclosure system to provide comprehensive and objective information for investors [2]. - In addition to annual report disclosures, the introduction of "annual report summaries" focuses on operational and financial information that is of concern to investors, enhancing the effectiveness of information disclosure [2]. Investor Engagement - The SSE encourages original rights holders and plan managers to voluntarily disclose information relevant to investors' value judgments and decision-making, aiming to improve the effectiveness of information disclosure and foster a trustworthy market ecosystem for holding-type real estate ABS [3]. - Regular online and offline investor communication events are encouraged to discuss industry hotspots, policy changes, and market trends, providing a professional platform for interpretation and exchange [3]. - A feedback mechanism for investor opinions is proposed to address inquiries and suggestions promptly, creating a positive interaction cycle that enhances investor decision-making and market liquidity [3].