Chapter 1 General Provisions
Article 1 To strengthen the management of information disclosure affairs of Hainan Holdings South China Development Co., Ltd. (hereinafter referred to as the Company), standardize the Company's information disclosure activities, ensure the Company's truthful, accurate, and complete disclosure of information, and protect the legitimate rights and interests of the Company, shareholders, and investors, these regulations are 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 "Administrative Measures for Information Disclosure of Listed Companies," the "Stock Listing Rules of Shenzhen Stock Exchange" (hereinafter referred to as the "Stock Listing Rules"), the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 – Normative Operation of Main Board Listed Companies" (hereinafter referred to as the "Normative Operation"), "Issuance of Securities Company Information Disclosure Compilation and Reporting Rules No. 14 – Handling of Non-Standard Audit Opinions and Related Matters," and other laws, regulations, normative documents, and the "Articles of Association of Hainan Holdings South China Development Co., Ltd." (hereinafter referred to as the "Articles of Association"), in conjunction with the Company's actual situation.
Article 2 The Company and other information disclosure obligors shall disclose information truthfully, accurately, completely, and timely, in a concise, clear, and easy-to-understand manner, without false records, misleading statements, or major omissions.
The Company and other information disclosure obligors shall disclose information to all investors simultaneously. Except as otherwise provided by laws and administrative regulations, information shall not be disclosed in advance to any unit or individual. When the Company communicates with any unit or individual regarding its operating conditions, financial status, and other matters through performance briefings, analyst meetings, roadshows, or investor surveys, insider information shall not be provided. Before insider information is legally disclosed, insiders and those who illegally obtain insider information shall not disclose or leak such information, nor shall they use such information for insider trading. No unit or individual shall illegally request the Company and other information disclosure obligors to provide information that is required to be disclosed but has not yet been disclosed.
Article 3 The Company's directors and senior management personnel shall faithfully and diligently perform their duties, ensuring the truthfulness, accuracy, and completeness of disclosed information, and timely and fair disclosure.
If the truthfulness, accuracy, and completeness of the disclosed information cannot be guaranteed, a corresponding statement and reasons shall be made in the announcement.
Article 4 In addition to information that is required to be disclosed by law, the Company and other information disclosure obligors may voluntarily disclose information relevant to investors' value judgments and investment decisions. Voluntarily disclosed information shall be truthful, accurate, and complete. Voluntary information disclosure shall adhere to the principle of fairness, maintain the continuity and consistency of information disclosure, shall not conflict with legally disclosed information, and shall not mislead investors. The Company and other information disclosure obligors shall not engage in selective disclosure, nor shall they use voluntarily disclosed information to improperly affect the trading prices of the Company's securities and their derivatives, nor shall they use voluntary information disclosure to engage in market manipulation, insider trading, or other illegal and non-compliant activities.
Article 5 If the Company, its actual controllers, shareholders, related parties, directors, senior management personnel, acquirers, transaction counterparties, or bankruptcy restructuring investors make public commitments, they shall disclose them in a timely manner and fulfill them comprehensively.
Article 6 The Company's information disclosure documents include periodic reports, interim reports, prospectuses, bond prospectuses, listing announcements, and acquisition reports.