Kain Technology Investor Relations Management System (October 2025)
Beijing Kain Technology Co., Ltd. Investor Relations Management System
October 2025
Beijing Kain Technology Co., Ltd. Investor Relations Management System
Directory
Chapter 1 General Provisions................................................................................................................1
Chapter 2 Establishment of Investor Relations Management Organization......................................................1
Chapter 3 Principles and Purposes of Investor Relations Management................................................................2
Chapter 4 Contents and Methods of Investor Relations Management Work......................................3
Chapter 5 Responsibilities of Investor Relations Management......................................................5
Chapter 6 Investor Relations Management Activities......................................................................6
Chapter 7 Supplementary Provisions................................................................................................12Beijing Kain Technology Co., Ltd. Investor Relations Management System
Chapter 1 General Provisions
Article 1 In order to further strengthen information communication between Beijing Kain Technology Co., Ltd. (hereinafter referred to as the "Company") and investors and potential investors (hereinafter collectively referred to as the "Investors"), promote the establishment of long-term, stable and positive relationships between the company and investors, enhance the company's investment value and integrity image, and effectively protect the interests of investors, this system is formulated in accordance with the Company Law of the People's Republic of China, the Shanghai Stock Exchange Science and Technology Innovation Board Stock Listing Rules, the Articles of Association of Beijing Kain Technology Co., Ltd., the Guidelines for the Management of Investor Relations of Listed Companies and other relevant laws and regulations, combined with the actual situation of the company.
Article 2 Investor relations management refers to the relevant activities in which the company strengthens communication with investors and potential investors by facilitating the exercise of shareholders' rights, information disclosure, interactive communication, and handling of complaints, and enhances investors' understanding and recognition of the company, so as to improve the level of corporate governance and the overall value of the enterprise, and achieve the purpose of respecting investors, rewarding investors, and protecting investors.
Article 3 In the management of investor relations, the company should objectively, truly, accurately and completely introduce and reflect the actual situation of the company, and avoid excessive publicity that may mislead investors.
Article 4 When conducting investor relations activities, companies should pay attention to the confidentiality of unpublished information and internal information to prevent leaks and related insider trading.
Chapter 2 Establishment of Investor Relations Management Organization
Article 5 The company's board of directors is the decision-making and executive body for investor relations management. It is responsible for formulating the company's investor relations management system, and is responsible for inspecting and assessing the implementation and operation of investor relations management.
Article 6 The secretary to the company's board of directors is the person in charge of the company's investor relations management work. The office of the company's board of directors is the functional department for investor relations management. Under the leadership of the company's secretary to the board of directors, it organizes and implements the company's investor relations management work.
Article 7 The company's directors, senior managers and relevant functional departments of the company should actively participate in and proactively cooperate with the company's board of directors and the board of directors' office in the management of investor relations.
Article 8 Before a company conducts investor relations activities, the person in charge of investor relations management shall assist in providing targeted training and guidance to the company’s senior managers and relevant personnel participating in the activities. Unless expressly authorized by the investor relations management system of Beijing Kain Technology Co., Ltd. and trained, the company's directors, senior managers and employees should not speak on behalf of the company in investor relations activities, and should not provide relevant institutions and individuals with material information about the company that has not been officially disclosed.
Article 9 The company’s investor relations management work follows the principles of fairness, openness and impartiality, treats all investors equally, and protects investors’ right to know and other legitimate rights and interests in accordance with the law.
Article 10 The company’s personnel engaged in investor relations management must possess the following qualities and skills:
(1) Good conduct and professionalism, honesty and trustworthiness;
(2) Good professional knowledge structure, familiar with corporate governance, financial accounting and other relevant laws and regulations, and the operating mechanism of the securities market;
(3) Have good communication and coordination skills;
(4) Comprehensively understand the situation of the company and the industry in which the company operates.
Chapter 3 Principles and Purposes of Investor Relations Management
Article 11 The basic principles followed by the company’s investor relations management are:
(1) Compliance principle: The company's investor relations management should be carried out on the basis of fulfilling information disclosure obligations in accordance with the law, and in compliance with laws, regulations, rules and normative documents, industry norms and self-discipline rules, the company's internal rules and regulations, as well as the ethics and codes of conduct generally observed by the industry;
(2) Principle of equality: When companies carry out investor relations management activities, they should treat all investors equally, especially create opportunities and provide convenience for small and medium-sized investors to participate in activities;
(3) Principle of initiative: Companies should proactively carry out investor relations management activities, listen to investors’ opinions and suggestions, and respond to investor demands in a timely manner;
(4) Principle of honesty and trustworthiness: In investor relations management activities, companies should pay attention to integrity, adhere to the bottom line, standardize operations, assume responsibility, and create a healthy and good market ecology.
Article 12 The purpose of investor relations management:
Beijing Kain Technology Co., Ltd. Investor Relations Management System
(1) Promote a healthy relationship between the company and investors and enhance investors’ further understanding and familiarity with the company;
(2) Establish a stable and high-quality investor base and obtain long-term market support;
(3) Form a corporate culture that serves investors and respects investors;
(4) An investment philosophy that promotes the maximization of the company’s overall interests and the growth of shareholders’ wealth;
(5) Increase the transparency of company information disclosure and improve corporate governance.
Chapter 4 Contents and Methods of Investor Relations Management
Article 13 The service objects of investor relations management are:
(1) Investors;
(2) Financial media and other related media;
(3) Securities analysts;
(4) Other relevant institutions.
Article 14 The content of communication between the company and investors includes:
(1) The company’s development strategy;
(2) Legal information disclosure content;
(3) The company’s operation and management information;
(4) The company’s environmental, social and governance information;
(5) The company’s corporate culture construction;
(6) Methods, channels and procedures for exercising shareholders’ rights;
(7) Information on handling investor complaints;
(8) Risks and challenges that the company is facing or may face;
(9) Other relevant information of the company.
Beijing Kain Technology Co., Ltd. Investor Relations Management System
Article 15 Methods of investor relations management:
(1) Information disclosure and communication: timely and accurately disclose designated information and major events in accordance with the requirements of the China Securities Regulatory Commission and the Shanghai Stock Exchange; summarize the investment information required by investors and publish it in a unified manner; collect relevant information from the company's existing investors, and timely convey investors' evaluations, opinions and expectations of the company to the company's decision-making level;
(2) Preparatory meeting: prepare for the shareholders’ meeting and the board of directors, and prepare all materials required for the meeting;
(3) Receiving investors: maintain contact with institutional investors, small and medium-sized investors, and securities analysts, receive visits from institutional investors, small and medium-sized investors, and increase investors' attention to the company;
(4) Public relations: Establish good relations with the China Securities Regulatory Commission, exchanges, securities regulatory bureaus and other relevant departments. Strengthen cooperation with the media and do a good job in media interviews and reporting. Maintain contact with the investor relations management departments of other listed companies, professional securities institutions and investment consulting institutions;
(5) Network management: promptly disclose and update company information on the designated Internet network;
(6) Handling of major events: After the company encounters major restructuring, major litigation, substantial changes in profits and losses, changes in stock prices, natural disasters and other crises, quickly propose effective handling plans and disclose information;
(7) Other work that is conducive to improving investor relations management.
Article 16 The ways for the company to communicate with investors include but are not limited to:
(1) Company announcements (including regular reports and temporary announcements);
(2) Shareholders’ meeting;
(3) Company website;
(4) Various promotion meetings;
(5) Advertisements, media, newspapers and other publicity materials;
(6) One-to-one communication;
(7) Mailing information;
Beijing Kain Technology Co., Ltd. Investor Relations Management System
(8) Telephone consultation;
(9) On-site visit;
(10) Media interviews and reports;
(11) Roadshow;
(12) Other ways.
Companies should communicate with investors in a timely, in-depth and extensive manner through a variety of methods as much as possible, and use the Internet to improve communication efficiency.
Article 17 The company's management should give full trust to the office of the board of directors. The person in charge of the office of the board of directors can attend various meetings held by the company, so as to be able to fully understand the company's operating conditions, effectively disclose information, improve the relationship between the company and investors, and promote the company's standardized operations.
Article 18 Without affecting the company's normal production and operation or leaking the company's trade secrets, other departments and employees of the company are obliged to actively cooperate and assist the board of directors office in implementing investor relations management.
Chapter 5 Responsibilities of Investor Relations Management
Article 19 The responsibilities of the Office of the Board of Directors as the company’s investor relations management department are: responsible for company information disclosure, answering investor inquiries, contacting the company’s shareholders, receiving investors’ visits, arranging media interviews with the company and maintaining public relations, establishing relevant investor systems, and preparing for meetings, etc.
Article 20 The company shall set up a dedicated hotline for investor consultation to ensure smooth communication channels between investors and the company, and assign dedicated personnel to answer inquiries from investors regarding the company's relevant conditions.
Article 21 The company shall publish the company's website address and consultation telephone number in its periodic reports. When the website address or consultation phone number changes, the company should make an announcement in a timely manner. The company should update its website in a timely manner, distinguish historical information from current information with prominent labels, and correct erroneous information in a timely manner to avoid misleading investors.
Article 22 For investors who visit the company, a dedicated person from the board of directors' office should be assigned to receive them. Before the reception, the visitors should be asked to provide an outline of the purpose of the visit and the issues to be consulted, which will be reviewed and approved by the secretary of the company's board of directors and submitted to the relevant departments for preparation of materials. Investor visits are handled by the Board of Directors Office and under the guidance of the Board Secretary. Investor Relations Management System of Beijing Kain Technology Co., Ltd.
Complete the reception work at the same time.
Article 23 Media Publicity: According to the company’s overall publicity plan, company leaders may be arranged to accept media interviews and reports in a planned manner. For media who take the initiative to come to the company for interviews and reports, they should ask the other party to provide an interview outline, which will be approved by the secretary of the board of directors and then reported to the company chairman and president to determine the interview content. Relevant written materials will be prepared by relevant departments and then submitted to the secretary of the board of directors for review. Written materials produced by the media after interviews should be reviewed by the secretary of the board of directors before being reported publicly.
Article 24 Public relations maintenance: Good public relations should be established with regulatory authorities, stock exchanges and other relevant departments, and relevant information from regulatory authorities should be communicated to company directors and senior managers in a timely manner. At the same time, we maintain good communication and cooperation with the investor relations management departments of other listed companies and professional investor relations consulting companies.
Article 25 Preparatory meeting: prepare for the annual shareholders' meeting, extraordinary shareholders' meeting, board of directors, prepare meeting materials, and complete shareholder registration and other work.
Chapter 6 Investor Relations Management Activities
Article 26 The company's information disclosure includes statutory information disclosure and non-statutory information disclosure.
(1) Legal information disclosure: including regular reports and temporary announcements. All departments will cooperate to provide basic materials and data, and the board of directors office will complete the announcement. Before issuing periodic reports and temporary reports, the board secretary should seek instructions from the chairman or president, who can issue them only after approval;
(2) Non-statutory information disclosure: including voluntary announcements, press conferences and seminars attended by company directors and senior managers, reception of visitors, telephone interviews and consultations, etc. Each department of the company will provide relevant materials, and the board of directors office will complete the draft and submit it to the chairman or president for review and approval on whether to make an announcement. All information disclosures of the company should follow a unified standard, and the secretary of the board of directors is responsible for issuing unified information;
(3) In addition to fulfilling information disclosure obligations in accordance with the law, companies should actively hold investor briefings in accordance with the regulations of the China Securities Regulatory Commission and the Shanghai Stock Exchange to introduce the situation to investors, answer questions, and listen to suggestions. Investor briefings include performance briefings, cash dividend briefings, major event briefings, etc. Under normal circumstances, the chairman or president should attend the investor briefing. Those who are unable to attend should make a public statement.
Reason.
Beijing Kain Technology Co., Ltd. Investor Relations Management System
When a company holds an investor briefing, it shall announce it in advance and promptly disclose the information of the briefing afterwards. The details shall be stipulated by the Shanghai Stock Exchange. Investor briefings should be conducted in a manner that is convenient for investors to participate, and those held on-site are encouraged to be broadcast live through the Internet and other channels.
(4) Disclosure of external reception, external reporting materials and news publicity information: Any information disclosure involved in the company’s external reception shall be centralized and disclosed by the secretary of the board of directors. If the company's external publicity involves information disclosure, the publicity materials must be submitted to the secretary of the board of directors for review and approval, and must be published in the company's designated disclosure newspaper before publicity can be carried out;
(5) Investors’ telephone interviews and inquiries will be answered uniformly by the secretary of the board of directors and staff of the board of directors’ office;
(6) Information disclosure on the website: When a company discloses information on its own website, it must first submit the materials to the secretary of the board of directors for review, and the disclosure time on the company website must not be earlier than the disclosure time on the Shanghai Stock Exchange website and websites that meet the conditions stipulated by the China Securities Regulatory Commission.
(7) The company's branches, subsidiaries and other functional departments should actively assist the Board Secretary and the Board Office in carrying out investor relations management work, and provide relevant information in a timely and accurate manner according to the requirements of the Board Secretary and the Board Office.
Article 27 If the following circumstances exist, the company shall hold an investor briefing in accordance with the regulations of the China Securities Regulatory Commission and the Shanghai Stock Exchange:
(1) The company’s cash dividend level for the current year does not meet relevant regulations, and the reasons need to be explained;
(2) The company terminates its reorganization after disclosing its reorganization plan or reorganization report;
(3) The company's securities transactions experience abnormal fluctuations stipulated in relevant rules, and the company finds after verification that there are major undisclosed events;
(4) Major events related to the company have received high attention or doubts from the market;
(5) Other situations where investor briefings should be held.
Article 28 After the disclosure of the annual report, the company shall promptly hold a performance briefing meeting in accordance with the regulations of the China Securities Regulatory Commission and the stock exchange to explain the company's industry status, development strategy, production and operations, financial status, dividends, risks and difficulties and other content that investors are concerned about. When the company holds a performance explanation meeting on the investor relations management system of Beijing Kain Technology Co., Ltd., it should collect questions from investors in advance and focus on the effect of communication and interaction with investors, which can be in the form of video, voice, etc.
Article 29 The company shall actively support and cooperate with investors' exercise of shareholder rights in accordance with the law, as well as investor protection agencies' shareholding exercise, public solicitation of shareholder rights, dispute mediation, representative litigation and other activities to safeguard the legitimate rights and interests of investors. If a dispute arises between an investor and a company, both parties may apply to a mediation organization for mediation. If an investor requests mediation, the company shall actively cooperate.
Article 30 The company and its controlling shareholders, actual controllers, directors, senior managers and staff shall not engage in the following situations during investor relations management activities:
(1) Disclose or publish information about major events that have not yet been made public, or information that conflicts with information disclosed in accordance with the law;
(2) Disclose or publish misleading, false or exaggerated information;
(3) Selective disclosure or release of information, or major omissions;
(4) Make predictions or promises about the company’s securities prices;
(5) Speak on behalf of the company without explicit authorization;
(6) Discrimination, contempt and other unfair treatment of small and medium-sized shareholders or unfair disclosure;
(7) Violating public order and good customs and harming social and public interests;
(8) Other violations of information disclosure regulations, or other illegal activities that affect the normal trading of the company's securities and their derivatives.
Article 31 Procedures for shareholders’ meetings:
(1) The company should consider the time and place of the meeting to facilitate the participation of shareholders and create conditions for small and medium-sized shareholders to participate. If conditions permit, the Internet can be used to broadcast the shareholders' meeting live;
(2) Relevant materials for the shareholders’ meeting are provided by various departments of the company and are uniformly produced by the board of directors office. After being reviewed by the secretary of the board of directors, they are handed over to shareholders and shareholder representatives by the staff of the board of directors’ office before the shareholders’ meeting;
(3) The company will hire a witness lawyer to conduct legal witnessing for the shareholders’ meeting. If reporters need to interview the company’s directors, Beijing Kain Technology Co., Ltd. Investor Relations Management System
Chairman or president, the secretary of the board of directors will arrange specific matters.
Article 32 Procedures for receiving institutional investors, small and medium-sized investors, intermediaries and consulting agencies from the outside: For any external reception of institutional investors, small and medium-sized investors, intermediaries and consulting agencies to the company for inspection and research, the board of directors office will arrange the reception and answer all questions. If investors need to visit the company's production site on-site, without affecting production or leaking confidentiality, the company's relevant departments should actively cooperate, provide convenience in a timely manner, and provide necessary information without violating the company's information disclosure management system and the relevant provisions of this system.
Article 33 The company can open an "Investor Relations" column on the company's website, which will be managed by the company's board of directors office, and the board secretary will answer investors' questions and communicate with them.
Companies can set up public e-mails to communicate with investors. Investors can ask questions and learn about the company through the mailbox, and the company can also reply or answer relevant questions through the mailbox. For the more important or general questions and answers involved in the forums and e-mails, the company should sort them out and publish them in a prominent manner in the investor column of the website.
Article 34 The company should avoid publishing relevant media reports on the company and analysts' analysis reports on the company on the company's website, so as not to be seen as endorsing relevant views and affecting investors' investment decisions.
Article 35 The company may sort out the more important or general questions and answers involved in the company's reception of investors' visits and consultations, and designate information disclosure media for selective information disclosure after sorting.
Article 36 The company may hold analyst meetings, performance briefings or road shows after disclosing temporary announcements or periodic reports, implementing financing plans, or other times the company deems necessary.
Article 37 Analyst meetings, performance briefings and roadshows should be conducted in a public manner as much as possible. If conditions permit, they can be broadcast live online. Before conducting performance briefings, analyst meetings, and road shows, companies should determine in advance the range of questions they can answer to investors. If the question involves undisclosed material information, or the answer to the question can infer undisclosed material information, the company should refuse to answer to avoid leaking undisclosed material information.
Article 38 If analyst meetings, performance briefings or roadshows are broadcast live online, Beijing Kain Technology Co., Ltd. Investor Relations Management System
Notify investors in advance of the meeting time, login website, login method, etc. in a public way.
Article 39 The company may collect relevant questions from small and medium-sized investors in advance through e-mail, phone calls, letters, etc., and respond via the Internet at analyst meetings, performance briefings and road shows.
Article 40 Analyst meetings or performance briefings can be interactive online. Investors can directly ask questions online, and the company can also directly answer relevant questions online.
Article 41 If analyst meetings, performance briefings or roadshows cannot be broadcast live online, the company can invite reporters from the news media to participate and make objective reports.
Article 42 After the analyst meetings, performance briefings and road shows, the company shall promptly place the main content on the company website or disclose it to the public in the form of announcements.
Article 43 The company may, when deemed necessary, conduct one-on-one communications with investors, fund managers, analysts, etc. regarding the company's operating conditions, financial status and other matters, introduce the company's situation, answer relevant questions and listen to relevant suggestions.
Article 44 In one-to-one communication, the company shall treat investors equally and create opportunities for small and medium-sized investors to participate in one-to-one communication activities.
Article 45 In order to avoid possible selective disclosure of information during one-on-one communication, the company can publish the relevant audio, video and written records of the one-on-one communication on the company website, and can also invite news organizations to participate in one-on-one communication activities and make reports.
Article 46 The company may arrange for investors, analysts and fund managers to visit the company or the location of the fund-raising project for on-site visits.
Article 47 The company should arrange the visit process reasonably and properly to enable visitors to understand the company's business and operating conditions, and at the same time, care should be taken to avoid giving visitors the opportunity to obtain important undisclosed information during the visit.
Article 48 Investors shall pay their own expenses incurred when visiting the company on-site.
Article 49 If the company deems it necessary and conditional, it may hire professional investor relations consultants to consult, plan and handle investor relations, including media relations, development strategies, investor relations management training, crisis management, analyst meetings and performance briefing arrangements, etc.
Beijing Kain Technology Co., Ltd. Investor Relations Management System
Article 50 When hiring an investor relations consultant, a company should pay attention to whether he or she is also serving other competing companies in the same industry. If an investor relations consultant hired by a company also provides services to other competing companies, the company should avoid harming the interests of one of the companies because the investor relations consultant uses inside information of one company to serve another company.
Article 51: Companies should avoid having investor relations consultants make statements on behalf of the company on matters such as the company's operations and future development.
Article 52 The company should try to pay remuneration to investor relations consultants in cash and avoid payment and compensation in the form of company stocks and related securities, options or stock warrants. For relevant materials and information provided by the company to analysts or investment managers, if other investors also make the same request, the company should provide it equally.
Article 53 Companies should avoid entrusting securities analysts to publish seemingly independent analysis reports. If the company invests money to commission an analyst or other independent institution to publish an investment value analysis report, the words "This report was commissioned by the company" should be clearly marked when publishing.
Article 54: Companies should avoid quoting or distributing analysts’ analysis reports to investors.
Article 55: The company can provide reception and other conveniences for analysts and fund managers for their inspections and research, but it must avoid providing funding for their work. Analysts and fund managers are responsible for their own expenses related to inspecting the company, and companies are not allowed to give high-value gifts or cash to analysts and fund managers.
Article 56 If the company and relevant parties encounter any of the following circumstances, they shall publicly apologize to investors in a timely manner:
(1) The company or its actual controller, directors, or senior managers are subject to administrative penalties from the China Securities Regulatory Commission or public condemnation from the stock exchange;
(2) The information disclosure fails the evaluation by the stock exchange;
(3) Other circumstances.
Article 57 A company should establish a complete file system when conducting investor relations activities. The investor relations activity files should at least include the following contents;
(1) Participants, time and location of investor relations activities;
Beijing Kain Technology Co., Ltd. Investor Relations Management System
(2) Content discussed in investor relations activities;
(3) The handling process and responsibility for undisclosed major information leakage (if any);
(4) Other contents.
Article 58 The company shall try its best to avoid investor relations activities within 30 days before the disclosure of periodic reports to prevent the leakage of undisclosed major information.
Article 59 The company shall first disclose relevant information on the information disclosure media designated by the China Securities Regulatory Commission such as cninfo.com (http://www.cninfo.com.cn). The company can also choose appropriate news media to release information at the appropriate time as needed.
Article 60: For major information that has not been publicly disclosed by the company, the company should avoid disclosing relevant information in the form of media interviews and other news reports. Avoid providing relevant information to any news media without first making a formal disclosure.
Chapter 7 Supplementary Provisions
Article 61 Matters not covered by this system shall be handled in accordance with the relevant regulations of the China Securities Regulatory Commission and the Shanghai Stock Exchange.
Article 62 The company’s board of directors is responsible for interpreting this system.
Article 63 This system shall come into effect from the date of review and approval by the company's board of directors, and the same shall apply when it is modified.