Chapter 1 General Provisions
Article 1 To standardize the information disclosure activities of Caobas Ecological Environment (Group) Co., Ltd. (hereinafter referred to as the "Company"), strengthen the management of information disclosure affairs, and protect the legitimate rights and interests of investors, in accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Administrative Measures for Information Disclosure of Listed Companies," "Shenzhen Stock Exchange GEM Stock Listing Rules," "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 2 - Standardized Operation of GEM Listed Companies," "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 5 - Information Disclosure Affairs Management," and other laws, regulations, normative documents, and the "Articles of Association" of the Company, and in combination with the Company's actual situation, this System is hereby formulated.
Article 2 For the purpose of this System, "Information Disclosure" refers to the act of disclosing significant information that may have a significant impact on the stock price and derivative products of the Company and is not yet known to investors, within the prescribed time, through prescribed media, in a prescribed manner to the public, and filing it with the securities regulatory authorities, in accordance with laws, regulations, departmental rules, and normative documents of the securities regulatory authorities.
Article 3 For the purpose of this System, "Information Disclosure Obligor" refers to the Company and its directors, senior management personnel; shareholders, actual controllers of the Company; acquirers, parties to major asset restructuring, refinancing, and major transactions of the Company, and their related personnel; bankruptcy administrators and their members; and other entities responsible for information disclosure as stipulated by laws, administrative regulations, and the China Securities Regulatory Commission.
Article 4 This System applies to the following personnel and organizations: (I) The Company's Board Secretary and Board Office; (II) The Company's directors and the Board of Directors; (III) The Company's senior management personnel; (IV) Heads of all departments and all branch and subsidiary companies of the Company; (V) Shareholders holding 5% or more of the Company's shares; (VI) Other company personnel and departments responsible for information disclosure duties; (VII) Personnel who come into contact with undisclosed information due to work or other reasons.
Chapter 2 Basic Principles and General Provisions of Information Disclosure
Article 5 Information Disclosure Obligors shall perform their information disclosure obligations in a timely and lawful manner. The disclosed information shall be true, accurate, complete, concise, clear, and easy to understand, and shall not contain any false records, misleading statements, or significant omissions.
Information disclosed by Information Disclosure Obligors shall be disclosed to all investors simultaneously and shall not be disclosed in advance to any unit or individual, except as otherwise provided by laws and administrative regulations.
Before inside information is legally disclosed, insiders of inside information and persons who illegally obtain inside information shall not disclose or leak such information, nor shall they use such information for insider trading. No unit or individual shall illegally request Information Disclosure Obligors to provide information that needs to be disclosed according to law but has not yet been disclosed.
Information Disclosure Obligors shall comply with the provisions of laws, administrative regulations, and the China Securities Regulatory Commission when temporarily suspending or exempting disclosure of information.
Article 6 The Company's directors and senior management personnel shall faithfully and diligently perform their duties, ensure the truthfulness, accuracy, and completeness of the information disclosed, and ensure that the information disclosure is timely and fair. If they cannot guarantee the truthfulness, accuracy, and completeness of the disclosed information or have objections to the disclosed information, they shall make a corresponding statement in the announcement and explain the reasons.