Guanglian Aviation Industry Co.Ltd(300900)
Investor relations management system
Chapter I General Provisions
Article 1 in order to strengthen the information communication between Guanglian Aviation Industry Co.Ltd(300900) (hereinafter referred to as the company) and investors and potential investors (hereinafter referred to as investors), enhance investors’ understanding and recognition of the company, promote the benign interactive relationship between the company and investors, improve the integrity of the company and further improve the corporate governance structure, In accordance with the company law of the people’s Republic of China, the securities law of the people’s Republic of China, the guidelines for the relationship between listed companies and investors, the Listing Rules of Shenzhen Stock Exchange on the gem (revised in December 2020) (SZS [2020] No. 1292, hereinafter referred to as the Listing Rules of the GEM) This system is formulated in combination with the actual situation of the company and other laws, regulations, rules and normative documents such as self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 2 – standardized operation of companies listed on GEM (SZS [2022] No. 14, hereinafter referred to as self regulatory guidelines No. 2), as well as the relevant provisions of Guanglian Aviation Industry Co.Ltd(300900) articles of Association (hereinafter referred to as the articles of association) and Guanglian Aviation Industry Co.Ltd(300900) information disclosure management system.
Article 2 investor relations management refers to the strategic management behavior of the company through full information disclosure, strengthening communication with investors, enhancing investors’ understanding and recognition of the company, and maximizing the interests of the company and investors.
Article 3 basic principles of investor relations management:
(I) principle of full disclosure of information. In addition to mandatory information disclosure, the company can actively disclose other relevant information concerned by investors.
(II) principle of compliance information disclosure. The company shall comply with national laws and regulations and the provisions of securities regulatory authorities and stock exchanges on the company’s information disclosure to ensure that the information disclosure is true, accurate, complete, timely and fair. When carrying out investor relations work, attention shall be paid to the confidentiality of unpublished information and other internal information. In case of disclosure, the company shall disclose it in time in accordance with relevant regulations.
(III) the principle of equal opportunities for investors. The company treats all shareholders and potential investors of the company fairly and avoids selective information disclosure.
(IV) the principle of honesty and trustworthiness. The company’s investor relations work should be objective, true and accurate, avoid excessive publicity and misleading, and help investors make rational investment judgments and decisions.
(V) principle of high efficiency and low consumption. When choosing the working mode of investor relations, the company should give full consideration to improving communication efficiency and reducing communication costs.
(VI) principle of interactive communication. The company should actively listen to the opinions and suggestions of investors, realize two-way communication between the company and investors, and form a benign interaction.
(VII) confidentiality principle. Relevant personnel of the company shall not disclose, disclose or divulge non-public information without authorization. Article 4 the purpose of investor relations management:
(I) establish the management concept of respecting investors and investment market, and form a corporate culture of serving and respecting investors;
(II) strengthen the communication between the company and investors through full information disclosure, promote the benign relationship between the company and investors, and enhance investors’ understanding and recognition of the company;
(III) establish a stable and high-quality investor base, establish a good market image of the company and obtain long-term market support;
(IV) make the majority of investors understand, recognize, accept and support the company’s development strategy and business philosophy, and promote the investment philosophy of maximizing the overall interests of the company and increasing the wealth of shareholders;
(V) promote the integrity and self-discipline of the company and standardize its operation;
(VI) improve the transparency of corporate disclosure and improve the corporate governance structure.
Chapter II Contents and methods of investor relations management
Article 5 working objects of investor relations management:
(I) investors;
(II) securities analysts and industry analysts;
(III) financial media, industry media and other media;
(IV) government supervision department;
(V) other relevant individuals and institutions.
Article 6 communication contents of investor relations management:
(I) the company’s development strategy, including the company’s development direction, development plan, competitive strategy and business policy;
(II) statutory information disclosure and its description, including regular reports and interim announcements.
(III) operation and management information that the company can disclose according to law, including production and operation status, financial status, research and development of new products or technologies, business performance, dividend distribution, etc;
(IV) major matters that can be disclosed by the company according to law, including the company’s major investment and its changes, asset restructuring, mergers and acquisitions, foreign cooperation, foreign guarantees, major contracts, related party transactions, major litigation or arbitration, changes in management and changes in major shareholders;
(V) corporate culture construction;
(VI) other relevant information of the company.
Article 7 ways of communication between the company and investors:
(I) announcement (including regular report and interim report);
(II) general meeting of shareholders;
(III) the company’s website, information disclosure platform designated by the regulatory authorities and public media;
(IV) one to one communication;
(V) mailing materials;
(VI) telephone consultation;
(VII) advertising;
(VIII) site visit;
(IX) other methods.
Article 8 the information that should be disclosed according to laws and regulations, securities regulatory authorities and stock exchanges must be published in the designated newspaper and website of the company’s information disclosure at the first time. The information disclosed by the company in other public media shall not precede the information disclosure media designated by the company, and shall not replace the company’s announcement in the form of press release or answering reporters’ questions. The company shall clearly distinguish between advertising and media reports, and shall not use advertising materials and paid means to affect the objective and independent reports of the media. The company shall pay attention to the publicity and reports of the media in time and respond appropriately when necessary.
Chapter III principal and responsibilities of investor relations management
Article 9 the first person in charge of investor relations management is the chairman of the company. The investor relations management is mainly in the charge of the Secretary of the board of directors. The company may set up relevant departments to assist the Secretary of the board of directors in dealing with the daily affairs of investor relations management.
Article 10 on the premise of not affecting the production and operation and divulging trade secrets, other functional departments of the company, holding subsidiaries of the company and all employees of the company are obliged to assist the Secretary of the board of directors in the management of investor relations.
Article 11 the responsibilities of investor relations management mainly include:
(I) analysis and research. Statistical analysis of the number, composition and changes of investors and potential investors; Continue to pay attention to the opinions, suggestions, reports and other information of investors and the media, and feed back to the board of directors and management of the company in time.
(II) communication and liaison. Integrate and publish the information required by investors; Hold meetings and roadshows such as analyst briefings, and receive consultation from analysts, investors and the media; Receive investors’ visits, maintain regular contact with institutional investors and small and medium-sized investors, and improve investors’ participation in the company.
(III) public relations. Establish and maintain good public relations with stock exchanges, industry associations, media and other companies and relevant institutions; After major events such as litigation, major restructuring, changes in key personnel, changes in stock trading and major changes in the business environment, cooperate with relevant departments of the company to put forward and implement effective treatment plans, and actively maintain the public image of the company.
(IV) other work conducive to improving investor relations.
Article 12 the relevant personnel engaged in investor relations management face the company’s investors and the window for the company to release information and establish the overall image of the company. They should have the following qualifications and skills:
(I) have a comprehensive understanding of the company and be familiar with the company’s operation, finance, products, etc;
(II) have a good knowledge structure and be familiar with relevant laws and regulations such as corporate governance, finance and accounting, securities and so on; (III) have strong language expression ability, good communication and coordination ability, good conduct, honesty and credibility, sense of responsibility and psychological endurance;
(IV) be familiar with the operation mechanism of the securities market, receive necessary training, and understand the contents and procedures of investor relations management;
(V) strong writing ability, able to write annual report, interim report, quarterly report, interim announcement and various information disclosure manuscripts.
Article 13 the company shall organize directors, supervisors, senior managers and personnel engaged in investor relations management to learn relevant business knowledge in an appropriate form.
Article 14 in carrying out investor relations management, the company, its directors, supervisors, senior managers and staff shall abide by laws and regulations, GEM Listing Rules, self regulatory guidelines No. 2 and other relevant provisions of Shenzhen Stock Exchange, reflect the principles of openness, fairness and impartiality, objectively, truly, accurately and completely introduce and reflect the actual situation of the company, and shall not be under the following circumstances:
(I) disclose or release major information that has not been publicly disclosed through non statutory means;
(II) publishing false or misleading contents and making exaggerated publicity and misleading tips; (III) make expectations or commitments on the price of the company’s shares and their derivatives;
(IV) unfair treatment of minority shareholders such as discrimination and contempt;
(V) other violations of information disclosure rules or suspected of manipulating the securities market, insider trading and other illegal acts.
Chapter IV investor relations activities
Article 15 the company’s investor relations management shall strictly abide by relevant laws, administrative regulations, departmental rules, normative documents, GEM Listing Rules, self regulatory guidelines No. 2 and other relevant provisions of Shenzhen Stock Exchange.
Article 16 when carrying out investor relations management activities, the company shall take the publicly disclosed information as the exchange content, and shall not disclose or disclose the undisclosed major information in any way.
If the investor relations activities involve or may involve stock price sensitive matters, undisclosed major information, or can infer undisclosed major information, the company shall inform the investors to pay attention to the company’s announcement and make necessary explanations on the information disclosure rules.
The company shall not replace formal information disclosure with exchanges in investor relations management activities. If the company inadvertently divulges important information that has not been publicly disclosed in the investor relations management activities, it shall immediately make an announcement through qualified media and take other necessary measures.
Article 17 the company shall establish an investor relations management mechanism and appoint the Secretary of the board of directors as the person in charge of investor relations management. Unless expressly authorized and trained, other directors, supervisors, senior managers and employees of the company shall avoid speaking on behalf of the company in investor relations activities.
Article 18 the company shall assume the primary responsibility for the handling of investors’ complaints, improve the complaint handling mechanism, disclose the handling process and handling situation, and properly handle the demands of investors. If a dispute arises between the investor and the company, it may apply to the people’s court for arbitration or mediation, or it may settle the dispute with the company through consultation.
Article 19 when the company conducts investor relations activities through shareholders’ meeting, website, analyst briefing, performance briefing, roadshow, one-to-one communication, on-site visit and telephone consultation, it shall treat all investors equally, create opportunities for small and medium-sized investors to participate in the activities, and give full consideration to the time and place of the meeting, so as to facilitate the participation of shareholders, ensure the smooth flow of relevant communication channels and avoid selective information disclosure.
Article 20 the staff of investor relations management of a listed company shall have the professional knowledge necessary for performing their duties and have good professional quality. The company shall regularly conduct systematic training on investor relations management for controlling shareholders, actual controllers, directors, supervisors, senior managers and relevant employees, improve their ability to communicate with specific objects, enhance their understanding of relevant laws and regulations, business rules and regulations, and establish the awareness of fair disclosure.
Article 21 the company shall strengthen communication and exchange with small and medium-sized investors, establish effective channels for communication with investors, and meet with investors regularly. The company shall hold an annual report explanation meeting within 15 trading days after the disclosure of the annual report. The chairman (or general manager), financial director, independent director and Secretary of the board of directors of the company shall attend the explanation meeting to explain the industry status, development strategy, production and operation, financial status, dividend distribution, risk factors and other contents concerned by investors.
The company shall make a public announcement before the investor briefing meeting to explain the time, mode, place, website, list of attendees and theme of the investor relations activities. In principle, the investor briefing meeting shall be held in non trading hours. The company shall open question channels for investors before and during the investor briefing meeting, collect investors’ questions, and respond to investors’ concerns at the briefing meeting.
Article 22 before the general meeting of shareholders deliberates on the specific scheme of cash dividend, the company shall actively communicate and exchange with shareholders, especially minority shareholders, through interactive and easy channels, fully listen to the opinions and demands of minority shareholders, and timely answer the questions concerned by minority shareholders.
Article 23 the company shall publish the company’s website and consultation telephone number in the periodic report in accordance with the provisions. When the website or consultation telephone number is changed, the company shall make an announcement in time. The company shall ensure that the external contact channels such as consultation telephone, fax and e-mail are unblocked, ensure that the consultation telephone is answered by a specially assigned person during working hours, and timely reply and feed back relevant information to investors in an effective form.
Article 24 Where a company provides disclosed information and other relevant materials to institutional investors, analysts, news media and other specific objects, if other investors also put forward the same requirements, the company shall provide them equally. Article 25 when small and medium-sized shareholders and institutional investors of the company visit the company for discussion and communication, the company shall reasonably and properly arrange the visit process, do a good job in information isolation, and shall not expose visitors to undisclosed information
