Chapter 1 General Principles
Article 1
To ensure that related party transactions between Hubei Ping An Electric Technology Co., Ltd. (hereinafter referred to as "the Company") and related parties comply with the principles of fairness, justice, and openness, and to protect the legitimate rights and interests of the Company and all shareholders, this system is formulated in accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Shenzhen Stock Exchange Listing Rules," "Self-Regulatory Guidelines No. 7 for Listed Companies on the Shenzhen Stock Exchange - Transactions and Related Party Transactions," and relevant laws, regulations, normative documents, and the provisions of the "Articles of Association of Hubei Ping An Electric Technology Co., Ltd." (hereinafter referred to as "the Articles of Association").
Article 2
In addition to complying with relevant laws, regulations, normative documents, and the provisions of the Articles of Association, related party transactions between the Company and related parties must also adhere to the relevant provisions of this system.