The same person or the same related party holding more than 10 percent of the total outstanding voting shares of an insurance company shall, before the 5th of each month, fill out a form (Form 8) to inform the insurance company of change in his or her shareholding [in the insurance company] in the previous month. The insurance company will compile such information, file a report by transmitting the information to a website designated by the competent authority and publicly announce same before the 15th of each month.Where the shares referred to in the preceding paragraph are pledged, the pledgor shall promptly fill out a form (Form 9) to inform the insurance company. The insurance company shall, in five (5) days after the creation of pledge, file a report on the pledge by transmitting the information to a website designated by the competent authority and publicly announce same.The reporting operations under the preceding two paragraphs may be carried out by an appointed share registrar and transfer agency.The provisions of the first paragraph hereof do not apply to an insurance company wholly owned by one shareholder.