001336SZSE

Announcement on Purchasing Directors' and Senior Management Liability Insurance

✨ AI Summary

Hangzhou Chuhuan Technology Co., Ltd. announced its plan to purchase Directors' and Senior Management Liability Insurance to improve risk management and encourage personnel to perform their duties. The insurance coverage limit is RMB 30 million, with annual premiums not exceeding RMB 200,000. The proposal will be submitted to the 2025 Annual General Meeting for approval due to potential conflicts of interest.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_documentSign In to Upgrade

Securities Code: 001336 Securities Abbreviation: Chuhuan Technology Announcement Number: 2026-017

Hangzhou Chuhuan Technology Co., Ltd. Announcement on Purchasing Directors' and Senior Management Liability Insurance

The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

Hangzhou Chuhuan Technology Co., Ltd. (hereinafter referred to as the "Company") held the sixth meeting of the third Board of Directors on April 26, 2026, and deliberated on the "Proposal on Purchasing Directors' and Senior Management Liability Insurance." To further improve the Company's risk management system, reduce operational risks, and encourage directors, senior management, and relevant responsible personnel to fully exercise their rights and fulfill their duties, in accordance with the "Code of Corporate Governance for Listed Companies" and other relevant regulations, the Company plans to continue purchasing liability insurance for the Company, its subsidiaries, and the directors, senior management, and relevant responsible personnel of the aforementioned companies. The relevant matters are hereby announced as follows:

I. Liability Insurance Plan

(I) Insured Party: Hangzhou Chuhuan Technology Co., Ltd. (II) Insured Persons: The Company and its subsidiaries, corresponding directors, senior management, and relevant responsible personnel of the aforementioned companies. (III) Compensation Limit: Not exceeding RMB 30 million. (IV) Premium Expenditure: Not exceeding RMB 200,000 per year. Subsequent renewals may be adjusted based on market prices. (V) Insurance Period: 12 months per term.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.

Notes & Comments

Sign in to leave a comment or private note.

Loading…