Chapter 1 General Principles
Article 1
To standardize the performance of information disclosure obligations by Yunnan Baiyao Group Co., Ltd. (hereinafter referred to as "the Company"), strengthen the management of information disclosure affairs, improve the quality of information disclosure work, and protect the legitimate rights and interests of the Company and its shareholders, this system is formulated in accordance with the "Securities Law of the People's Republic of China," "Code of Corporate Governance for Listed Companies," "Administrative Measures for Information Disclosure by Listed Companies," "Shenzhen Stock Exchange Listing Rules," and "Self-Regulatory Guidelines No. 5 for Listed Companies on the Shenzhen Stock Exchange - Management of Information Disclosure Affairs," combined with the "Articles of Association" and the actual situation of the Company.
Article 2
The term "information" in this system refers to all information that may have a significant impact on the trading price of the Company's securities and their derivatives, as well as information required to be disclosed by securities regulatory authorities. The term "disclosure" in this system refers to the publication of the aforementioned information to the public within the prescribed time, through designated media, and delivered to the securities regulatory authorities and the Shenzhen Stock Exchange (hereinafter referred to as "SZSE").
Article 3
This system applies to information disclosure obligors and the responsible persons for information disclosure management in various departments, business groups (departments), subsidiaries of the Company, as well as those involved in the preparation and disclosure of periodic and temporary reports.
Article 4
Information disclosure obligors refer to the Company and its directors, senior management personnel, shareholders, actual controllers, acquirers, parties involved in major asset restructuring, refinancing, and significant transactions, as well as natural persons, units, and their related personnel, bankruptcy administrators and their members, and other subjects that bear information disclosure obligations as stipulated by laws, administrative regulations, and the China Securities Regulatory Commission.
Article 5
Information disclosure obligors must strictly comply with relevant national laws, regulations, and the provisions of this system, fulfill their information disclosure obligations, and adhere to the discipline of information disclosure.
Chapter 2 Basic Obligations and Principles of Information Disclosure
Article 6
Information disclosure is a continuous responsibility of the Company, which should faithfully and honestly fulfill its ongoing information disclosure obligations.
Article 7
Information disclosure obligors must timely and lawfully fulfill their information disclosure obligations. The disclosed information must be true, accurate, complete, concise, clear, and easily understandable, without any false records, misleading statements, or significant omissions.
Article 8
The information disclosed by information disclosure obligors must be disclosed to all investors simultaneously and must not be leaked to any unit or individual in advance, except as otherwise provided by laws and administrative regulations.
Article 9
The Company's directors and senior management personnel must faithfully and diligently perform their duties, ensuring the truthfulness, accuracy, and completeness of disclosed information, and that information disclosure is timely and fair. If directors or senior management cannot guarantee the truthfulness, accuracy, or completeness of the disclosed information or have objections to it, they must make a statement in the announcement and explain the reasons, which the Company must disclose.