Chapter 1 General Principles
Article 1
To standardize the information disclosure practices of Zhongye Da Electric Co., Ltd. (hereinafter referred to as "the Company"), improve the management level and quality of information disclosure, and protect the legitimate rights and interests of investors, this system is formulated based on the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China" (hereinafter referred to as "the Securities Law"), the "Management Measures for Information Disclosure of Listed Companies" issued by the China Securities Regulatory Commission (hereinafter referred to as "CSRC"), the "Corporate Governance Guidelines for Listed Companies," the "Shenzhen Stock Exchange Listing Rules," and the "Self-Regulatory Guidelines No. 5 for Information Disclosure Management" (hereinafter referred to as "Self-Regulatory Guideline No. 5"), along with relevant laws, regulations, rules, normative documents, and business rules, in conjunction with the actual situation of the Company.
Article 2
The term "information" in this system refers to information that should be disclosed according to laws, administrative regulations, departmental rules, normative documents, and business rules of the securities regulatory authority, which may or has had a significant impact on the trading price of the Company's issued stocks or other securities and their derivatives. The term "disclosure" refers to the act of publicly announcing the aforementioned information through qualified media within the stipulated time and reporting it to the securities regulatory authority as required. If relevant departments and personnel of the Company or other information disclosure obligors cannot determine whether the matters involved fall under the definition of "information" in this system, they should promptly contact the Company’s board secretary, who is responsible for making the determination. The Company and other information disclosure obligors must disclose information in accordance with the law, and no institution, department, or individual may disclose information without authorization.
Article 3
This system applies to the following personnel and institutions:
- Company directors and the board of directors;
- Company board secretary and securities department;
- Company general manager, deputy general managers, financial director, and other senior management personnel;
- Heads of various departments at the Company headquarters and those of subsidiaries and branches;
- Company controlling shareholders and shareholders holding more than 5% of the Company's shares;
- Other personnel and departments responsible for information disclosure.
Article 4
The securities department, under the leadership of the board secretary, is the permanent institution responsible for the Company's information disclosure affairs, i.e., the information disclosure management department. The Company designates the board secretary to be specifically responsible for information disclosure work, ensuring that the board secretary can timely and smoothly obtain relevant information. Other directors, senior management personnel, and relevant personnel, without written authorization from the board and in compliance with the "Shenzhen Stock Exchange Listing Rules" and "Self-Regulatory Guideline No. 5," may not publicly disclose any undisclosed significant information of the Company. The board should ensure the effective implementation of this system, ensuring the timeliness and fairness of the Company's relevant information disclosures, as well as the truthfulness, accuracy, and completeness of the disclosure content.
Article 5
This system is implemented by the Company's board of directors, with the chairman of the board as the primary responsible person and the board secretary responsible for specific coordination.
Article 6
The training on the Company's information disclosure management system is organized by the board secretary. The board secretary should regularly conduct training on the information disclosure system for the Company's directors, senior management personnel, heads of various departments at the Company headquarters, and those of subsidiaries and branches, as well as other personnel and departments responsible for information disclosure, and communicate relevant content to actual controllers, controlling shareholders, and shareholders holding more than 5%.