Chapter 1 General Principles
Article 1
To standardize the information disclosure behavior of Zhejiang Bofei Electric Co., Ltd. (hereinafter referred to as "the Company"), strengthen the management of information disclosure affairs, promote the Company's lawful and standardized operations, and protect the legitimate rights and interests of the Company, investors, creditors, and other stakeholders, this system is formulated based on the "Company Law of the People's Republic of China" (hereinafter referred to as "the Company Law"), the "Securities Law of the People's Republic of China" (hereinafter referred to as "the Securities Law"), the "Administrative Measures for Information Disclosure of Listed Companies," the "Shenzhen Stock Exchange Stock Listing Rules" (hereinafter referred to as "the Listing Rules"), and the relevant national laws, regulations, and normative documents.
Article 2
Information disclosure as referred to in this system means the act of publicly announcing all information that may significantly affect the trading price of the Company's stocks and their derivatives, which investors have not yet known, and information required to be disclosed by the securities regulatory authority, in the prescribed media and within the specified time, in accordance with relevant laws, regulations, departmental rules, and normative documents of the securities regulatory authority.
Article 3
This system applies to the following personnel and institutions:
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The Company’s board secretary and securities department;
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The Company’s directors and board of directors;
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The Company’s senior management;
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Core technical personnel;
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Heads of various departments and subsidiaries of the Company;
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The Company’s controlling shareholders, actual controllers, shareholders holding more than 5%, and parties acting in concert;
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Other information disclosure obligors with disclosure responsibilities.
Article 4
The Company shall disclose information truthfully, accurately, completely, and timely, without false records, misleading statements, or significant omissions, and shall disclose information to all investors equally and promptly.
Article 5
Before the lawful disclosure of insider information, no informed person shall publicly disclose or leak such information, nor shall they use such information for insider trading.
Article 6
The Company’s directors and senior management shall faithfully and diligently perform their duties to ensure the truthfulness, accuracy, completeness, timeliness, and fairness of disclosed information. If directors and senior management cannot guarantee the truthfulness, accuracy, or completeness of the disclosed information or have objections to the disclosed information, they shall make corresponding statements in the announcement and explain the reasons, which the Company shall disclose.
Article 7
The Company shall disclose significant information simultaneously to all investors to ensure that all investors can access the same information equally and shall not privately disclose, reveal, or leak information to specific parties in advance.
Article 8
Information disclosure obligors shall timely and lawfully fulfill their information disclosure obligations, and the disclosed information shall be truthful, accurate, complete, concise, clear, and easy to understand, without false records, misleading statements, or significant omissions. The information disclosed by the obligors shall be disclosed to all investors simultaneously and shall not be disclosed in advance to any unit or individual, except as otherwise provided by laws and administrative regulations. Before the lawful disclosure of insider information, informed persons and those who illegally obtain insider information shall not publicly disclose or leak such information, nor shall they use such information for insider trading. No unit or individual shall illegally request information disclosure obligors to provide information that is required to be disclosed but has not yet been disclosed. If information disclosure obligors postpone or exempt the disclosure of information, they shall comply with the provisions of laws, administrative regulations, the China Securities Regulatory Commission, and the Company's relevant systems.