The company organized "key minority personnel" to study the relevant work of Shandong Securities Regulatory Bureau on the special rectification of illegal sales of New Third Board stocks
With the continuous deepening of the New Third Board reform, some illegal institutions or individuals collude with internal personnel of listed companies to fabricate misleading information, manipulate stock prices, and induce investors to buy New Third Board stocks at high prices, seriously damaging the interests of investors and listed companies and disrupting the normal trading order of the New Third Board market. In order to effectively combat such illegal activities, the Shandong Securities Regulatory Bureau has issued a notice to listed companies and lead securities firms in its jurisdiction on enhancing proactive regulatory awareness and carrying out special rectification of illegal sales of New Third Board stocks (Lu Zheng Jian Company Zi [2024] No. 26).
Recently, the company has organized its actual controllers, directors, supervisors, and senior management personnel (hereinafter referred to as "key minority personnel") to carefully study the above-mentioned work notice issued by the Shandong Securities Regulatory Bureau and the "Shandong Public Company Information Special Report" (2024 Issue 2). The information special report provides a detailed list of trading rules related to New Third Board stocks in the Securities Law, the "Measures for the Supervision and Administration of Non listed Public Companies", and the relevant business rules of national stock transfer companies. At the same time, it also lists relevant punishment cases such as illegal sales of New Third Board stocks, illegal operation of securities business, market manipulation, and insider trading in recent years.
Through this special study, the key few personnel of the company have gained a deeper understanding of the relevant rules of the New Third Board stock trading. After completing the study, the key few personnel of the company signed the "Compliance Trading Company Stock Commitment Letter". In the future, the management team of the company will continue to standardize corporate governance, strictly comply with relevant laws and regulations of the China Securities Regulatory Commission and stock transfer companies, and promote the healthy and sustainable development of the company.