Chapter 1 General Principles
Article 1
To strengthen the market value management work of Tianhai Automotive Electronics Group Co., Ltd. (hereinafter referred to as "the Company"), standardize market value management behavior, effectively promote the enhancement of the Company's investment value, increase investor returns, and protect the legitimate rights and interests of the Company, investors, and other stakeholders, 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," "Code of Corporate Governance for Listed Companies," "Guidance on Market Value Management for Listed Companies No. 10," "Shenzhen Stock Exchange Stock Listing Rules," and other laws, administrative regulations, normative documents, and the provisions of the "Articles of Association of Tianhai Automotive Electronics Group Co., Ltd." (hereinafter referred to as "the Articles of Association"), combined with the actual situation of the Company.
Article 2
The term "market value management" in this system refers to the strategic management behavior implemented by the Company to enhance investment value and shareholder return capabilities based on improving the quality of the Company.
Article 3
The main purpose of market value management is to maximize the overall interests of the Company and achieve simultaneous growth of shareholder wealth by enhancing the Company's operational management level, core competitiveness, and sustainable development capabilities, and by guiding the dynamic convergence of the Company's market value and intrinsic value through lawful capital operations, investor relations management, and information disclosure.
Article 4
The Company shall adhere to the following basic principles in carrying out market value management work:
- Systematic Principle: The Company adheres to systematic thinking, promotes overall advancement, and coordinates various business systems to continuously carry out market value management work in a systematic manner.
- Scientific Principle: Market value management work should follow the objective laws of the capital market, scientifically assess the key factors affecting the Company's investment value, with a focus on improving the quality of the Company's development.
- Compliance Principle: Strictly comply with relevant laws, regulations, normative documents, and the Articles of Association, maintain compliance bottom lines, and ensure that all actions are legal, compliant, and orderly.
- Normalization Principle: The Company should continuously pay attention to capital market dynamics and stock price trends, establish and improve a normalized and continuous market value management mechanism, and proactively carry out work.
- Honesty and Integrity Principle: In market value management activities, adhere to the bottom line of integrity, respect the legitimate rights and interests of small and medium shareholders and external investors, and create a healthy and good capital market ecology.