Chapter 1 General Provisions
Article 1 To regulate the futures and derivatives trading business of Fujian Nanping Sun Cable Co., Ltd. (hereinafter referred to as "the Company" or "this Company"), in accordance with the relevant futures and derivatives trading rules of commodity exchanges, the "Securities Law of the People's Republic of China," the "Futures and Derivatives Law of the People's Republic of China," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 1 – Normative Operation of Main Board Listed Companies," the "Shenzhen Stock Exchange Stock Listing Rules," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 7 – Trading and Connected Transactions," and other relevant laws, regulations, rules, normative documents, and the "Articles of Association of Fujian Nanping Sun Cable Co., Ltd." (hereinafter referred to as "Articles of Association"), and in conjunction with the Company's actual situation, this system is formulated.
Article 2 This system applies to the futures and derivatives trading of the Company and its holding subsidiaries (including companies or other entities that the Company can control or actually controls, hereinafter collectively referred to as "subsidiaries"). Without the approval of the Company's authorized decision-making body, no unit or individual shall engage in futures and derivatives trading business in any form.
Article 3 Futures trading as referred to in this system refers to trading activities where futures contracts or standardized option contracts are the trading targets. Derivatives trading as referred to in this system refers to trading activities other than futures trading, where swap contracts, forward contracts, and non-standardized option contracts and their combinations are the trading targets. The underlying assets of futures and derivatives can be securities, indices, interest rates, exchange rates, currencies, commodities, etc., or a combination of the above.