Core Points - The company has established a management system for the holding and trading of its stocks by directors and senior management to comply with relevant laws and regulations [1][2][3] - The system applies to all directors, senior management, and significant shareholders holding more than 5% of the company's shares [2][3] - Directors and senior management must report their stock holdings and any changes within specified timeframes to ensure transparency [3][4][5] Group 1: Management Responsibilities - The company’s board secretary is responsible for managing the identity and stock holdings of directors and senior management, ensuring compliance with reporting obligations [5][6] - Directors and senior management must notify the board secretary of their trading plans before executing any trades [5][9] - The company must ensure that related parties do not engage in insider trading based on confidential information [10][11] Group 2: Trading Restrictions - Directors and senior management are prohibited from trading company stocks during specific blackout periods, such as before financial reports are released [21][22] - There are restrictions on transferring shares within one year of the company's stock listing and for six months after leaving the company [19][20] - The company must disclose any violations of trading rules and the corresponding penalties [26][27] Group 3: Reporting and Disclosure - Directors and senior management must report any changes in their stock holdings within two trading days [11][12] - The company is required to disclose the trading activities of its directors and senior management to the Shenzhen Stock Exchange [10][12] - Any significant changes in stock holdings must be reported in the company's regular financial disclosures [8][9]