Core Viewpoint - The document outlines the management system for shareholding changes of directors and senior management at Suzhou Saiteng Precision Electronics Co., Ltd, emphasizing compliance with relevant laws and regulations regarding insider trading and share transfer restrictions [1][2][3]. Chapter Summaries Chapter 1: General Principles - The system is established to strengthen the management of shares held by directors and senior management, based on various laws and the company's articles of association [1]. - It applies to all shares held by directors and senior management, including those in margin trading accounts [1]. Chapter 2: Shareholding Change Rules and Information Disclosure - Directors and senior management must notify the board secretary in writing before trading shares, ensuring compliance with laws against insider trading [2]. - Additional restrictions may apply to share transfers due to company actions like public offerings or stock incentive plans [2][3]. - Directors and senior management must report their personal and family shareholding information to the stock exchange within specified timeframes [2]. - Share transfers are prohibited under certain conditions, such as within one year of the company's stock listing or within six months after leaving the company [3][4]. - A maximum of 25% of their total shares can be transferred annually during their tenure, with specific exceptions [5][6]. - Untransferred shares at the end of the year are counted towards the next year's transferable shares [6]. - The company must ensure accurate and timely reporting of share transactions to the stock exchange [3][7]. - Directors and senior management are restricted from trading shares during specific blackout periods, such as before financial report announcements [8]. Chapter 3: Supplementary Provisions - The board of directors is responsible for interpreting and revising the system, which takes effect immediately upon approval [10].