Chapter 1 General Principles
Article 1
To protect the legitimate rights and interests of Yuanguang Software Co., Ltd. (hereinafter referred to as "the Company") and its shareholders, strengthen internal controls over external investments, standardize external investment behaviors, prevent investment risks, ensure the safety of external investments, and improve investment efficiency, this system is formulated in accordance with the relevant provisions of the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Shenzhen Stock Exchange Listing Rules, and the Self-Regulatory Guidelines No. 1 for Listed Companies on the Main Board of the Shenzhen Stock Exchange, combined with the Company's Articles of Association, Shareholders' Meeting Rules, and Board of Directors' Meeting Rules.
Article 2
The term "external investment" in this system refers to various forms of investment activities conducted by the Company using monetary funds, assessed equity, physical assets, or intangible assets for future returns (excluding entrusted financial management). External investments are categorized into short-term and long-term investments. Short-term investments refer to investments that can be liquidated at any time and held for no more than one year (including one year), including various stocks, bonds, funds, and dividend-type insurance; long-term investments refer to investments with a duration exceeding one year that cannot be liquidated at any time or are not intended to be liquidated, including long-term bond investments, long-term equity investments, and other long-term investments.
Article 3
External investments should align with the Company's development strategy, reasonably allocate corporate resources, promote optimal combinations of factors, and create good economic benefits.
Article 4
This system applies to all external investment activities of the Company and its wholly-owned and controlling subsidiaries.