Chapter One General Principles
Article 1
To ensure that Guangdong Jinlong Development Co., Ltd. (hereinafter referred to as "the Company") and its related parties engage in transactions that are fair, just, and open, this management system is formulated based on the principles of protecting the interests of the Company and its shareholders. It is established in accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Shenzhen Stock Exchange Listing Rules," and other relevant laws and regulations, as well as the actual situation of the Company.
Article 2
The Company shall conduct related party transactions in accordance with the relevant regulations and ensure the independence of the Company and the related parties. The Company shall not engage in transactions that may harm the interests of the Company. Both parties shall not conceal related party relationships or evade procedures and information disclosure.
Article 3
The Company shall ensure compliance with the following basic principles when conducting related party transactions:
- Compliance with the principle of good faith;
- No harm to the Company and the interests of non-controlling shareholders;
- Related party matters shall be subject to avoidance.
Article 4
The related party transactions of the Company refer to transactions between the Company or its controlling shareholders and related parties.
Article 5
The Company's related party transactions include related parties (or other organizations) and related individuals.