Chapter 1 General Principles
Article 1
To further standardize the management of information disclosure at Huaming Power Equipment Co., Ltd. (hereinafter referred to as "the Company"), protect the legitimate rights and interests of the Company's shareholders, creditors, and other stakeholders, improve the quality of information disclosure, and promote the standardization of information disclosure, this system is formulated based on the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Measures for the Administration of Information Disclosure by Listed Companies," "Shenzhen Stock Exchange Listing Rules," "Guidelines for Self-Regulation of Listed Companies on the Main Board," "Hong Kong Stock Exchange Listing Rules," and other relevant laws, regulations, normative documents, and the Company's articles of association, combined with the actual situation of the Company.
Article 2
This system applies to the Company's information disclosure and confidentiality regarding actions or events that may have a significant impact on the trading price of the Company's stocks and their derivatives.
Chapter 2 Basic Principles and General Provisions of Information Disclosure
Article 3
Information disclosure obligors shall timely and legally fulfill their information disclosure obligations. The disclosed information must be true, accurate, complete, concise, clear, and easily understandable, without false records, misleading statements, or significant omissions. Information disclosed by obligors must be made available to all investors simultaneously and shall not be leaked to any unit or individual in advance, except as otherwise provided by laws, administrative regulations, or securities regulatory rules of the stock exchange where the Company's shares are listed. No unit or individual may illegally request information obligors to provide information that is required to be disclosed but has not yet been disclosed. Any unit or individual who obtains such information in advance must keep it confidential before it is legally disclosed. Institutions and individuals who are aware of such information before the Company publicly discloses significant information shall not buy or sell or advise others to buy or sell the Company's stocks and their derivatives. Before insider information is legally disclosed, insiders and those who illegally obtain insider information shall not publicly disclose or leak such information, nor shall they use such information for insider trading.
Article 4
The Company's directors and senior management shall faithfully and diligently perform their duties, ensuring that disclosed information is true, accurate, and complete, and that information disclosure is timely and fair. Apart from legally required disclosures, information obligors may voluntarily disclose information related to investors' value judgments and investment decisions, but such disclosures must not conflict with legally required disclosures and must not mislead investors. Voluntary disclosures must be true, accurate, and complete, adhering to the principle of fairness, maintaining continuity and consistency in information disclosure, and avoiding selective disclosure. Information obligors shall not improperly influence the trading price of the Company's securities and their derivatives using voluntarily disclosed information, nor engage in market manipulation or other illegal activities through voluntary disclosures.
Article 5
Legally disclosed information shall be published on the website of the stock exchange where the Company's shares are listed and in media that meet the conditions set by the securities regulatory authority of the stock exchange, and shall also be made available at the Company's registered office and the stock exchange for public inspection. The full text of information disclosure documents shall be disclosed on the website of the stock exchange and in newspapers that meet the conditions set by the securities regulatory authority, while summaries of periodic reports, acquisition reports, and other information disclosure documents shall be disclosed on the stock exchange's website and in newspapers that meet the conditions set by the securities regulatory authority.