Information Disclosure Management System
Chapter 1 General Provisions
Article 1 To regulate the information disclosure activities of Songcheng Performing Arts Co., Ltd. (hereinafter referred to as the "Company") and other information disclosure obligors, strengthen the management of information disclosure affairs, and protect the legitimate rights and interests of investors, these Measures 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" (hereinafter referred to as the "Securities Law"), the "Administrative Measures for Information Disclosure by Listed Companies," the "Shenzhen Stock Exchange Listed Companies Self-Regulatory Management Guidelines No. 2 - Standardized Operation of GEM Listed Companies," the "Shenzhen Stock Exchange GEM Stock Listing Rules," and other relevant laws, regulations, and provisions, combined with the "Articles of Association of Songcheng Performing Arts Co., Ltd." (hereinafter referred to as the "Articles of Association") and the Company's actual situation.
Article 2 This system applies to the following institutions and personnel: (1) The Company's Board of Directors; (2) The Company's directors, the Secretary of the Board, and other senior management personnel; (3) All departments of the Company, all controlling subsidiaries (including direct and indirect controlling subsidiaries), all branches, and their principal responsible persons; (4) The Company's controlling shareholders, actual controllers, and shareholders holding more than 5% of the shares; (5) Other departments and personnel of the Company responsible for information disclosure.
Article 3 The term "information" as used in this system mainly includes: (1) Periodic reports disclosed by the Company to the public in accordance with the law, including annual reports, interim reports, and quarterly reports; (2) Ad-hoc reports disclosed by the Company to the public in accordance with the law, including announcements of shareholder meeting resolutions, board meeting resolutions, asset acquisition or disposal announcements, related party transaction announcements, and other major event announcements, etc.; and other matters that the Shenzhen Stock Exchange deems necessary to disclose; (3) Prospectuses for the Company's issuance of new shares, rights issue prospectuses, stock listing announcements, and convertible bond issuance announcements, etc.; (4) Reports and requests submitted by the Company to the China Securities Regulatory Commission and its dispatched agencies, the Shenzhen Stock Exchange, or other relevant government departments that may have a significant impact on the Company's stock price.
Article 4 The Secretary of the Board of Directors is the primary implementer of the Company's information disclosure and the liaison with the Shenzhen Stock Exchange, coordinating and organizing the Company's information disclosure matters, including improving and perfecting the information disclosure system to ensure that the Company's information disclosure is true, accurate, complete, timely, and fair.
Article 5 The Chairman of the Board of Directors is the primary responsible person for information disclosure, and the Secretary of the Board of Directors is the direct responsible person. The Board of Directors is the responsible body for the Company's information disclosure. The Securities Department is the management department for information disclosure, managed by the Secretary of the Board, responsible for collecting and organizing information to be disclosed.
Chapter 2 Basic Principles of Information Disclosure