Chapter One General Principles
Article 1
To further standardize the management of insider information at Hubei Ping An Electric Technology Co., Ltd. (hereinafter referred to as "the Company"), strengthen confidentiality, enhance legal and self-discipline awareness among shareholders, directors, senior management, and other insiders, prevent illegal activities such as insider trading and stock price manipulation, maintain the principles of "openness, fairness, and justice" in the securities market, and protect the legitimate rights and interests of investors, this system is formulated based on the relevant laws and regulations including the Company Law of the People's Republic of China, 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 Regulatory Guidelines for Listed Companies No. 5 - Management System for Insider Information and Insiders Registration, the Shenzhen Stock Exchange Listing Rules, and the Self-Regulatory Guidelines No. 5 for Information Disclosure Affairs of Listed Companies, as well as the provisions of the Articles of Association of Hubei Ping An Electric Technology Co., Ltd. (hereinafter referred to as "the Articles of Association"), combined with the actual situation of the Company.
Article 2
The Company's board of directors shall timely register and submit the files of insiders in accordance with the requirements of the China Securities Regulatory Commission (hereinafter referred to as "CSRC") and the Shenzhen Stock Exchange, ensuring that the files are true, accurate, and complete, with the chairman being the primary responsible person. The board secretary is responsible for handling the registration and submission of insider files. The chairman and the board secretary shall sign written confirmation opinions on the truthfulness, accuracy, and completeness of the insider files.
Article 3
The management of insider information and insiders is the responsibility of the Company's board of directors, with the board secretary organizing implementation. Other departments, branches, subsidiaries, and responsible persons of significant influence from associated companies are responsible for confidentiality within their management scope, including reporting and transmitting insider information. The board office is the daily operational department for the registration management of insiders, specifically responsible for the registration, disclosure, filing, supervision, and management of insider information and insiders.
Article 4
Without the approval of the board of directors or the board secretary, no department or individual of the Company may disclose, report, or transmit any insider information to the outside world. Information disclosed or reported by the Company shall strictly comply with relevant securities regulatory provisions. Documents, audio-visual materials, and disks involving insider information and disclosure must be reviewed and approved by the board of directors or the board secretary and filed with relevant departments before external reporting or transmission.
Article 5
The Company's directors, senior management, and heads of various departments, branches, and subsidiaries must ensure confidentiality of insider information and actively cooperate with the board secretary in the registration and reporting of insiders. Insiders have a confidentiality obligation and must not disclose or leak insider information before it is legally disclosed, nor engage in insider trading or assist others in manipulating securities trading prices.
Article 6
The Company shall strengthen education and training for insiders to ensure they understand their rights, obligations, and legal responsibilities, and urge relevant personnel to strictly fulfill their confidentiality duties, firmly preventing insider trading and other illegal activities.
Chapter Two Scope of Insider Information and Insiders
Article 7
Insider information refers to information that, according to the Securities Law, pertains to the Company's operations, finances, or has a significant impact on the trading price of the Company's stock and its derivatives that has not been publicly disclosed. "Not publicly disclosed" means that the Company has not officially disclosed the matter on the websites and publications designated by the CSRC or the Shenzhen Stock Exchange.