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These Procedures are established to promote accurate reporting of changes in the shareholding of an insider of a listed company and implement management of insider's share ownership by making it mandatory that an insider of a listed company who has shares deposited in segregated collective investment account for overseas foreign national employees, or an insider of a primary listed company or domestic listed company that has acquired shares of a primary listed company due to merger and/or acquisition, share exchange or other legal cause, who is a PRC national and has shares deposited in segregated collective investment account for PRC national employees, apply to transfer his or her shares deposited in segregated collective account for employees to the designated personal account opened by the insider.
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