Chapter One: General Principles
Article 1
To standardize the management of insiders at Shanghai Weihong Electronics Technology Co., Ltd. (hereinafter referred to as "the Company"), strengthen insider information management, uphold the principles of openness, fairness, and justice in 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," "Securities Law of the People's Republic of China," "Listing Rules for the Growth Enterprise Market of the Shenzhen Stock Exchange," "Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange - Standardized Operations of Growth Enterprise Market Listed Companies," "Regulations on the Registration Management of Insiders of Listed Companies," and "Self-Regulatory Guidelines No. 5 for Listed Companies on the Shenzhen Stock Exchange - Management of Information Disclosure Affairs," along with relevant laws, administrative regulations, departmental rules, normative documents, and the "Articles of Association of Shanghai Weihong Electronics Technology Co., Ltd." (hereinafter referred to as "the Articles of Association"), in conjunction with the actual situation of the Company.
Article 2
This system applies to the registration and management of insider information and its insiders. The scope of application includes all departments, branches, holding subsidiaries, and companies in which the Company can exert significant influence.
Article 3
The Company's board of directors is the management body for insider information. The board must verify the authenticity, accuracy, and completeness of insider information and timely register and submit insider information records, ensuring their authenticity, accuracy, and completeness. The chairman is the primary responsible person. The board secretary is responsible for the confidentiality of insider information and for handling the registration and submission of insider information records. The Securities Investment Department is responsible for the daily management, registration, disclosure, and filing of insider information. The chairman and board secretary must sign written confirmations regarding the authenticity, accuracy, and completeness of insider information records.
Article 4
Without the approval of the board of directors, no department or individual of the Company may disclose, report, or transmit insider information and information disclosure content to the outside world. Any documents, audio-visual materials, or disks involving insider information and information disclosure must be reviewed and approved by the board secretary (and reported to the board for review based on importance) before external reporting or transmission.
Article 5
Insiders have a confidentiality responsibility and obligation regarding insider information. Before the public disclosure of insider information, insiders must limit the number of individuals aware of the information to the minimum and must not disclose or leak insider information, nor use insider information for trading or suggest others trade the Company's stocks and derivatives.
Chapter Two: Definition and Scope of Insider Information
Article 6
Insider information refers to information known to insiders that pertains to the Company's operations, finances, or has a significant impact on the trading prices of the Company's stocks, bonds, securities, and derivatives, which has not been officially disclosed in the media or websites designated by the China Securities Regulatory Commission.