Chapter 1 General Principles
Article 1
To further standardize the temporary suspension and exemption of information disclosure by Suzhou Xinguangyi Electronics Co., Ltd. (hereinafter referred to as "the Company"), and to protect the legitimate rights and interests of the Company, its investors, and other stakeholders, 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," "Management Measures for Information Disclosure of Listed Companies," "Shenzhen Stock Exchange Growth Enterprise Market Listing Rules" (hereinafter referred to as "Growth Enterprise Market Listing Rules"), "Self-Regulatory Guidelines No. 2 for Listed Companies on the Shenzhen Stock Exchange - Standardized Operations of Growth Enterprise Market Listed Companies," "Self-Regulatory Guidelines No. 5 for Listed Companies on the Shenzhen Stock Exchange - Management of Information Disclosure Affairs," "Regulations on Temporary Suspension and Exemption of Information Disclosure for Listed Companies," and other relevant laws and regulations, as well as the Company's articles of association, combined with the actual situation of the Company.
Article 2
The term "information disclosure" in this system refers to the Company's announcement of all information that may significantly affect the trading price of the Company's stocks and their derivatives, which investors are not yet aware of, to the public through designated media within the specified time frame, and reporting to the securities regulatory authority as required.
Chapter 2 Circumstances for Temporary Suspension and Exemption of Disclosure
Article 3
The term "information for temporary suspension or exemption of disclosure" as mentioned in this system refers to information that can be temporarily suspended or exempted from disclosure according to the provisions of the "Growth Enterprise Market Listing Rules" and other relevant business rules.
Article 4
If the information the Company intends to disclose has uncertainties, belongs to temporary trade secrets, or timely disclosure may harm the Company's interests or mislead investors, it may be temporarily suspended.