Chapter 1 General Principles
Article 1
To further standardize the related party transactions of Shenzhen Tianxia Network Technology Co., Ltd. (hereinafter referred to as "the Company") and its subsidiaries, this management system is formulated based on the relevant laws and regulations, clarifying the relationship between the Company and related parties, ensuring the interests of the Company and its shareholders, and establishing a framework for related party transactions.
Article 2
The Company shall ensure that related party transactions are conducted in a fair, open, and transparent manner, in accordance with the principles of honesty and integrity.
Article 3
Related party transactions include transactions between the Company and its controlling shareholders, directors, supervisors, and senior management personnel, as well as transactions with other related parties.
Article 4
The Company shall disclose related party transactions in accordance with the relevant regulations of the Shenzhen Stock Exchange and the laws of the People's Republic of China.
Article 5
The Company shall establish a related party transaction management system to ensure that all related party transactions are conducted in compliance with the law and the Company's internal regulations.
Article 6
The Company shall maintain records of all related party transactions and ensure that they are available for inspection by shareholders.
Article 7
The Company shall establish a mechanism for reporting related party transactions to the board of directors and the supervisory committee.
Article 8
The Company shall ensure that related party transactions do not harm the interests of the Company and its shareholders.
Article 9
The Company shall take necessary measures to prevent conflicts of interest arising from related party transactions.
Article 10
The Company shall ensure that related party transactions are conducted at fair market prices.
Article 11
The Company shall regularly review and assess the effectiveness of its related party transaction management system.
Article 12
The Company shall provide training to relevant personnel on related party transaction management.
Article 13
The Company shall establish a reporting mechanism for related party transactions to ensure compliance with this management system.
Article 14
The Company shall disclose any related party transactions that exceed a certain threshold as stipulated by the Shenzhen Stock Exchange.
Article 15
The Company shall ensure that related party transactions are conducted in accordance with the principles of fairness and transparency.
Article 16
The Company shall take appropriate measures to ensure that related party transactions do not adversely affect the Company's financial position.