Shanxi Coking Coal Energy Group Co., Ltd.
Management System for Shareholding and Changes of Directors and Senior Management
Chapter 1 General Principles
Article 1 In order to standardize the trading of the company's stocks and changes in shareholding by the directors and senior management of Shanxi Coking Coal Energy Group Co., Ltd. (hereinafter referred to as "the Company" or "this Company"), this system is formulated in accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as "Company Law"), "Securities Law of the People's Republic of China" (hereinafter referred to as "Securities Law"), "Regulations on the Management of Shares Held and Changes by Directors and Senior Management of Listed Companies", "Shenzhen Stock Exchange Listing Rules", "Shenzhen Stock Exchange Self-Regulatory Guidelines No. 18 - Share Reduction by Shareholders, Directors, and Senior Management", "Shenzhen Stock Exchange Self-Regulatory Guidelines No. 10 - Share Change Management", and other relevant provisions of the Company’s Articles of Association.
Article 2 The directors and senior management of the Company shall comply with this system. The shares held by them refer to all shares of the Company registered in their names and held through others' accounts. If the directors and senior management engage in margin trading, the shares held by them also include those recorded in their credit accounts.
Article 3 Directors and senior management who make commitments regarding changes in their shareholdings must strictly adhere to them.
Article 4 Before trading the Company’s shares and their derivatives, directors and senior management should be aware of the prohibitions against insider trading, market manipulation, short-term trading, and window period trading as stipulated in the "Company Law", "Securities Law", and other normative legal documents, "Shenzhen Stock Exchange Listing Rules", and other relevant regulations of the Shenzhen Stock Exchange, and must not engage in illegal or irregular trading.
Directors and senior management of the Company must not evade laws and regulations, "Shenzhen Stock Exchange Self-Regulatory Guidelines No. 18 - Share Reduction by Shareholders, Directors, and Senior Management", and relevant regulations of the Shenzhen Stock Exchange by any means or arrangements.