Chapter One General Principles
Article 1
To regulate the exemption and deferral of information disclosure by Nanchang Mining Machine Group Co., Ltd. (hereinafter referred to as "the Company"), ensure the Company complies with legal obligations for information disclosure, and protect the legitimate rights and interests of the Company and its shareholders, this management system for exemptions and deferrals of information disclosure (hereinafter referred to as "this System") is formulated based on the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Administrative Measures for Information Disclosure of Listed Companies," "Regulations on Exemptions and Deferrals of Information Disclosure of Listed Companies," "Self-Regulatory Guidelines No. 5 for Information Disclosure Affairs Management of Shenzhen Stock Exchange," and other relevant laws and regulations, as well as the "Articles of Association of Nanchang Mining Machine Group Co., Ltd." (hereinafter referred to as "the Articles of Association").
Article 2
The Company and other information disclosure obligors may exempt or defer the disclosure of temporary reports, and exempt disclosure of content required by the China Securities Regulatory Commission and the stock exchange in periodic and temporary reports, in accordance with this System.
Article 3
The Company and other information disclosure obligors shall disclose information truthfully, accurately, completely, timely, and fairly, and shall not abuse the exemption or deferral to evade information disclosure obligations or mislead investors, nor engage in illegal activities such as insider trading or market manipulation.
Chapter Two Scope of Exemptions and Deferrals
Article 4
The Company and relevant information disclosure obligors may be exempted from disclosure if there is sufficient evidence proving that the information to be disclosed involves state secrets or other matters that may violate state confidentiality regulations or management requirements upon disclosure (hereinafter collectively referred to as "state secrets").
Article 5
The Company and other information disclosure obligors have the obligation to keep state secrets confidential and shall not disclose state secrets through any form of information disclosure, investor interaction Q&A, press releases, interviews, etc., nor use the confidentiality of information as a pretext for business promotion. The Chairman of the Company and the Secretary of the Board shall enhance their legal awareness of confidentiality and ensure that disclosed information does not violate state confidentiality regulations.
Article 6
If the information to be disclosed by the Company and relevant information disclosure obligors involves trade secrets or confidential business information (hereinafter collectively referred to as "trade secrets") and meets one of the following conditions, and has not been publicly disclosed or leaked, it may be deferred or exempted from disclosure:
- It pertains to core technology information, the disclosure of which may lead to unfair competition;
- It pertains to the Company's own operational information, or the operational information of customers, suppliers, etc., the disclosure of which may infringe upon the trade secrets of the Company or others, or severely harm the interests of the Company or others;
- Other circumstances where disclosure may severely harm the interests of the Company or others.