General Overview - The document outlines the management system for the resignation of directors and senior management personnel at Hunan Huasheng Co., Ltd, aiming to ensure stability in corporate governance and protect the rights of the company and its shareholders [1]. Resignation Procedures - Directors and senior management can resign before their term ends by submitting a written resignation report, which becomes effective upon receipt by the company, and the company must disclose this within two trading days [3]. - If a director resigns and the board's composition falls below the legal minimum, the original director must continue to fulfill their duties until a new director is elected [4][2]. - The company must complete the election of a new director within 60 days of a resignation to ensure compliance with legal and regulatory requirements [5]. Grounds for Termination - The company is required to terminate the employment of directors and senior management under specific circumstances, including legal incapacity, criminal convictions related to financial misconduct, and other serious violations [6][2]. Responsibilities Upon Resignation - Resigning directors and senior management must complete all handover procedures within 30 days, including the transfer of relevant documents and files [4]. - Any public commitments made during their tenure must still be honored, and the company will monitor compliance with these commitments [4]. Post-Resignation Obligations - Directors and senior management must declare their shareholdings and any changes after leaving the company, with restrictions on transferring shares for a specified period [5]. - They are prohibited from using their former positions to interfere with the company's operations or harm the interests of the company and its shareholders for three years post-resignation [6][5]. Legal and Compliance - The document stipulates that any violations of laws or regulations by resigning directors and senior management that result in losses to the company may lead to compensation claims and potential criminal prosecution [6].

Core Points - The document outlines the governance and management of resignations for directors and senior management at Guangzhou Yuyin Technology Co., Ltd. [1][2] - It specifies the conditions under which resignations are effective and the procedures for handling the transition of responsibilities [3][4] - The obligations of departing directors and senior management regarding confidentiality and liability are emphasized, extending beyond their tenure [11][12] Group 1: Resignation Procedures - Directors can resign before their term ends by submitting a written resignation report, which becomes effective upon receipt by the company [3] - If a resignation leads to a board composition below the legal minimum, the resignation will only take effect after a new director is appointed [3][4] - Senior management can also resign before their term ends, with specific procedures outlined in their labor contracts [2] Group 2: Obligations and Responsibilities - Departing directors and senior management must hand over all relevant documents and assets within three working days after their resignation [8] - They remain liable for any commitments made during their tenure for three years post-resignation, including confidentiality obligations [11][12] - The company has the right to pursue compensation for any losses incurred due to unfulfilled commitments or improper handover [10][15] Group 3: Accountability Mechanisms - The board will review any breaches of duty or unfulfilled commitments by departing personnel and may pursue recovery of losses [15][16] - Departing directors and senior management must cooperate with the company in any follow-up investigations regarding significant matters during their tenure [13][14] - The document establishes that any discrepancies with laws or regulations will defer to the relevant legal standards [17]