Core Viewpoint - The document outlines the regulations and procedures for Jiangsu Zhuosheng Microelectronics Co., Ltd. regarding securities investment, futures, and derivatives trading to mitigate investment risks and protect the interests of the company and its shareholders [1][2]. Group 1: General Principles - The company must adhere to legal, prudent, safe, and effective principles in its securities investment and trading activities, establishing a robust internal control system to manage investment risks and ensure investment efficiency [5][6]. - The company is prohibited from using raised funds for high-risk investments such as securities investment, futures, and derivatives trading [5][6]. - The company must ensure that all trading activities are conducted in its name and not through third-party accounts [3][6]. Group 2: Approval Authority - Securities investment exceeding 50% of the company's latest audited net assets or over 50 million RMB requires board approval and shareholder meeting approval [5]. - For futures and derivatives trading, a feasibility analysis report must be submitted to the board for approval, especially if the transaction exceeds 50% of the latest audited net profit or 5 million RMB [6][7]. Group 3: Risk Management - The company must implement strict separation of duties among trading, finance, audit, and risk control personnel to enhance risk management [8][9]. - A risk assessment must be conducted before engaging in futures and derivatives trading, considering political, economic, and legal risks associated with international transactions [9][10]. Group 4: Internal Audit and Supervision - The internal audit department is responsible for conducting periodic audits of securities investment and trading activities, reporting any deviations from expected outcomes to the board [10][11]. - The audit committee has the authority to supervise and propose external audits if irregularities are found in trading activities [11][12]. Group 5: Information Disclosure - The company must disclose significant losses or gains from trading activities that exceed 10% of the latest audited net profit or 1 million RMB [13][14]. - When engaging in hedging activities, the company must clearly outline the relationship between hedging instruments and the underlying risks being managed [14][15].