Chapter 1 General Provisions
Article 1 To strengthen the management of shares held by directors and senior management of Sichuan Hightech Development Co., Ltd. (hereinafter referred to as the "Company" or "this Company") and changes thereof, in accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Administrative Measures for Shares Held by Directors and Senior Management of Listed Companies," the "Self-Regulatory Supervision Guidelines No. 10 for Listed Companies—Share Change Management" of the Shenzhen Stock Exchange, and other relevant laws, regulations, and normative documents, as well as the "Articles of Association" and other relevant provisions, this Management System is formulated based on the Company's actual situation.
Article 2 This Management System applies to the management of shares held by the Company's directors, senior management, and natural persons, legal persons, or other organizations specified in Article 12 of this Management System, and changes thereof.
Article 3 Shares held by the Company's directors and senior management refer to all shares registered in their names or held through others' accounts. If the Company's directors and senior management engage in margin trading and securities lending, their held shares also include shares recorded in their margin accounts.
Article 4 Before trading the Company's shares and their derivative products, directors and senior management of the Company shall familiarize themselves with the provisions of laws and regulations such as the "Securities Law" and the "Company Law" regarding prohibited acts such as insider trading, market manipulation, and short-swing trading, and shall not engage in illegal or irregular transactions.
Chapter 2 Information Reporting
Article 5 Directors and senior management of the Company shall, within the following periods, entrust the Company to report their personal information and that of their close relatives (including spouses, parents, children, siblings, etc.) to the Shenzhen Stock Exchange and China Securities Depository and Clearing Corporation Limited Shenzhen Branch (hereinafter referred to as "ChinaClear Shenzhen Branch") (including name, position, ID number, securities account, date of departure from office, etc.):
(1) Within 2 trading days after the appointment of a new director is approved at a shareholders' meeting (or employees' representative meeting);
(2) Within 2 trading days after the appointment of a new senior management member is approved by the board of directors;
(3) Within 2 trading days after any change occurs in the personal information previously reported by incumbent directors and senior management;
(4) Within 2 trading days after incumbent directors and senior management leave office;
(5) Other times as required by the Shenzhen Stock Exchange.
The above reported data shall be deemed as an application submitted by the relevant personnel to the Shenzhen Stock Exchange and ChinaClear Shenzhen Branch for the management of their held shares of the Company in accordance with relevant regulations.
Article 6 The Company and its directors and senior management shall ensure that the data reported to the Shenzhen Stock Exchange and ChinaClear Shenzhen Branch is true, accurate, timely, and complete. They agree to the Shenzhen Stock Exchange's timely disclosure of the trading of the Company's shares and their derivative products by relevant personnel and shall bear the legal liabilities arising therefrom.
Chapter 3 Share Change Management
Article 7 Before trading the Company's shares and derivative products, directors and senior management of the Company shall notify the board secretary in writing of their trading plan. The board secretary shall review the progress of the Company's information disclosure and major matters. If the trading plan may violate laws, regulations, relevant rules of the exchange, or the Company's articles of association, the board secretary shall promptly notify the relevant directors and senior management in writing.