Chapter 1 General Principles
Article 1
To standardize the behavior of Shaanxi Meinuo Clean Energy Group Co., Ltd. (hereinafter referred to as "the Company"), and to strengthen the management of shares held by directors and senior management, this system is formulated based on the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Management Rules for Shares Held by Directors and Senior Management of Listed Companies, the Self-Regulatory Guidelines No. 10 for Listed Companies on the Shenzhen Stock Exchange regarding Share Changes, and other relevant laws, regulations, and normative documents.
Article 2
This system applies to the management of shares and derivatives held by the Company's directors and senior management. Shares held by directors and senior management refer to all shares directly registered in their names and those held through others' accounts. If directors and senior management engage in margin trading, shares recorded in their credit accounts are also included.
Article 3
Directors and senior management must ensure that the following individuals or organizations do not engage in trading the Company's shares based on insider information:
- Spouses, parents, children, and siblings of directors and senior management;
- Legal persons or other organizations controlled by directors and senior management;
- Other individuals or organizations that may obtain insider information as determined by the China Securities Regulatory Commission (CSRC), Shenzhen Stock Exchange, or the Company based on the principle of substance over form.
Article 4
Before trading the Company's shares and derivatives, directors and senior management must be aware of the prohibitions against insider trading and market manipulation as stipulated in the Company Law, Securities Law, and other relevant laws and regulations, and must not engage in illegal transactions.
Chapter 2 Reporting of Share Transactions
Article 5
Before trading the Company's shares, directors and senior management must notify the board secretary of their trading plans in writing. The board secretary shall verify the progress of information disclosure and significant matters. If the trading behavior may violate laws, regulations, or the Company's articles of association, the board secretary must promptly notify the relevant directors and senior management in writing and highlight the associated risks.
Article 6
Directors and senior management must authorize the Company to report their personal and their relatives' (including spouses, parents, children, siblings, etc.) identity information (including name, position, ID number, securities account, and resignation time) to the Shenzhen Stock Exchange within the following timeframes:
- Within two trading days after the shareholders' meeting (or employee representative meeting) approves the appointment of new directors;
- Within two trading days after the board approves the appointment of new senior management;
- Within two trading days after any changes in the previously reported personal information of current directors and senior management;
- Within two trading days after resignation;
- Other times as required by the Shenzhen Stock Exchange.
The above reporting data is considered an application for the management of shares held by the relevant personnel according to regulations.