Chapter 1 General Provisions
Article 1 To standardize the internal reporting of major information of Beijing Yacheng Wanwei Information Technology Co., Ltd. (hereinafter referred to as the "Company"), ensure the rapid transmission, collection, and effective management of major internal information of the Company, ensure the truthfulness, timeliness, accuracy, and completeness of the Company's information disclosure, and protect the legitimate rights and interests of investors, this system is formulated in accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Measures for the Administration of Information Disclosure by Listed Companies," and the "Articles of Association of Beijing Yacheng Wanwei Information Technology Co., Ltd." (hereinafter referred to as the "Articles of Association"), and in conjunction with the Company's actual situation.
Article 2 The internal reporting system for major information refers to the system whereby, when any situation or event occurs, is happening, or is about to happen that may have a significant impact on the trading price of the Company's shares and their derivative products, the relevant personnel and departments responsible for reporting under this system shall promptly report the relevant information to the Chairman of the Board and the Secretary of the Board of Directors.
For the purpose of this system, "major information" refers to matters or information that may or has had a significant impact on the trading price of the Company's shares and derivative products, as well as other information required to be disclosed by relevant laws, administrative regulations, departmental rules, normative documents, and securities regulatory authorities.
Article 3 "Internal Information Reporting Obligors" under this system include: (1) Directors and senior management personnel of the Company; (2) Directors, supervisors, and senior management personnel of the Company's holding subsidiaries; (3) Directors, supervisors, and senior management personnel dispatched by the Company to investee companies; (4) Principal responsible persons and designated contact persons of all departments (including all branches) of the Company; (5) Controlling shareholders and actual controllers and their concerted parties; (6) Other shareholders holding more than 5% of the shares in the Company; (7) Other personnel who may have access to major information.
Article 4 The Company's Securities Department is the department responsible for the management of information disclosure, led by the Secretary of the Board of Directors, and is responsible for the management and disclosure of major information.