Chapter 1 General Principles
Article 1
To standardize the management of insider information registrants at Kairuide Holdings Co., Ltd. (hereinafter referred to as "the Company"), strengthen the confidentiality of insider information, and uphold the principles of openness, fairness, and justice in information disclosure, 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," "Administrative Measures for Information Disclosure of Listed Companies," "Shenzhen Stock Exchange Listing Rules," and other relevant laws and regulations, as well as the provisions of the "Articles of Association."
Article 2
The board of directors of the Company is the management body for insider information. The board shall ensure that the records of insider information registrants are true, accurate, and complete, with the chairman being the primary responsible person. The board secretary is responsible for handling the registration and filing of insider information registrants. The securities department is the daily operational department for the management, registration, disclosure, and filing of insider information. The supervisory board shall supervise the implementation of the insider information registrant management system. The chairman and the board secretary shall sign written confirmation opinions on the truthfulness, accuracy, and completeness of the insider information registrant records.
Article 3
The board secretary and the securities department are responsible for liaising with the China Securities Regulatory Commission (hereinafter referred to as "CSRC"), Shenzhen Stock Exchange, intermediary institutions, news media, and investors for reception, consultation, and service work.
Article 4
The securities department is the only information disclosure institution of the Company. Without the approval of the board of directors, no department or individual of the Company may disclose, report, or transmit any content related to insider information and information disclosure to the outside world. Documents, disks, recordings, or other materials involving insider information and information disclosure must be reviewed and approved by the board secretary (and reported to the board for review depending on their importance) before external reporting or transmission.
Article 5
The Company’s directors, supervisors, senior management, and personnel from various functional departments, subsidiaries, and related parties must maintain the confidentiality of insider information and cooperate with the registration and filing of insider information registrants.
Article 6
The Company’s directors, supervisors, senior management, and insider information registrants shall not disclose insider information, engage in insider trading, or assist others in manipulating securities trading prices.
Chapter 2 Insider Information, Insider Information Registrants, and Their Scope
Article 7
Insider information referred to in this system means information related to the Company's operations, finances, or that has a significant impact on the market price of the Company's securities and their derivatives, which has not been publicly disclosed in the newspapers or websites designated by the CSRC.