Chapter 1 General Principles
Article 1
To strengthen the value management of Xinxiang Chemical Fiber Co., Ltd. (hereinafter referred to as "the Company"), standardize value management practices, enhance investment value and investor returns, and protect the legitimate rights and interests of the Company, investors, and other stakeholders, this system is formulated in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Regulatory Guidelines for Listed Companies No. 10 - Value Management, the Shenzhen Stock Exchange Listing Rules, and other relevant laws and regulations, as well as the requirements of the Articles of Association, combined with the actual situation of the Company.
Article 2
Value management, as referred to in this system, means the strategic management actions taken by the Company to enhance investment value and shareholder return based on improving the quality of the Company.
Chapter 2 Purpose and Basic Principles of Value Management
Article 3
The main purpose of value management is to sustainably create company value through the formulation of scientific and reasonable strategic planning, improvement of corporate governance structure, and standardization of operational management, guiding the convergence of market value and intrinsic value; under the premise of legal compliance, enhance market image and brand value in line with the actual situation of the Company, achieving the organic unity of maximizing overall corporate interests and increasing shareholder wealth; establish a stable and high-quality investor base to gain long-term support from the capital market, achieving dynamic equilibrium between the Company's market value and intrinsic value.
Article 4
The basic principles of value management include:
- Compliance Principle: The Company must strictly adhere to relevant laws and regulations, normative documents, self-regulatory rules, and internal regulations such as the Articles of Association in conducting value management, maintaining compliance as a bottom line.
- Systematic Principle: The Company should adhere to systematic thinking and promote overall advancement, coordinating various business systems to continuously carry out value management work in a systematic manner.
- Scientific Principle: The Company should follow the objective laws of value management, scientifically assess key factors affecting investment value, and focus on enhancing company quality to carry out effective value management.
- Normalization Principle: The growth of the Company's value is a continuous and dynamic process; the Company should pay timely attention to capital market dynamics and stock price changes, actively promoting value management work in a normalized manner.
- Honesty and Integrity Principle: The Company should adhere to the bottom line of integrity in value management activities, proactively assume responsibility, operate in a compliant manner, and jointly create a healthy and orderly capital market ecosystem.
Chapter 3 Main Methods of Value Management
Article 5
The Company should firmly establish the awareness of returning to shareholders, take measures to protect the interests of investors, especially small and medium-sized investors, operate honestly and in compliance, focus on core business, and operate steadily. By cultivating and utilizing new productive forces, the Company should enhance operational levels and development quality, and based on this, manage investor relations well, improve the quality and transparency of information disclosure, and actively take measures to boost investor confidence when necessary, promoting the reasonable reflection of the Company's quality in investment value.