Chapter 1 General Principles
Article 1
To standardize the management of insider information at Kairuide Holdings Co., Ltd. (hereinafter referred to as "the Company"), strengthen 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, the Securities Law of the People's Republic of China, the Code of Corporate Governance for Listed Companies, the Administrative Measures for Information Disclosure of Listed Companies, the Stock Listing Rules of the Shenzhen Stock Exchange, and other relevant laws and regulations, as well as the provisions of the Company’s 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 are true, accurate, and complete, with the chairman being the primary responsible person. The board secretary is responsible for the registration and filing of insider information. The securities department is responsible for the daily management, registration, disclosure, and filing of insider information. The chairman and the board secretary shall sign written confirmations regarding the authenticity, accuracy, and completeness of the insider information records.
Article 3
The board secretary and the securities department are responsible for liaising with the China Securities Regulatory Commission (CSRC), the Shenzhen Stock Exchange, intermediary institutions, news media, and investors for communication, reception, consultation, and service.
Article 4
The securities department is the sole 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. Any documents, disks, recordings, or other materials involving insider information and disclosure must be reviewed and approved by the board secretary (and reported to the board for review based on importance) before external reporting or transmission.
Article 5
The Company’s directors, senior management, and personnel from various functional departments, subsidiaries, and related parties must maintain confidentiality regarding insider information and cooperate with the registration and filing of insider information.
Article 6
The Company’s directors, senior management, and insider information insiders must not disclose insider information, engage in insider trading, or assist others in manipulating securities trading prices.
Chapter 2 Insider Information, Insider Information Insiders, and Their Scope
Article 7
Insider information referred to in this system is information that relates to the Company's operations, finances, or has a significant impact on the market price of the Company's securities and derivatives, which has not been formally disclosed in the designated newspapers or websites for listed companies by the CSRC.