YOTRIO(SZ:002489) Zheng Quan Zhi Xing·2025-07-10 16:22Core Viewpoint - The company has established a system for accountability regarding significant errors in annual report disclosures to enhance the quality and transparency of information provided to stakeholders [1][2]. Group 1: Accountability and Responsibility - The system defines significant errors in annual report disclosures as those resulting from personnel failing to fulfill their duties, leading to substantial economic losses or negative social impacts for the company [1]. - Key personnel, including the chairman, president, and financial officers, bear primary responsibility for the accuracy and completeness of the annual report disclosures [1][2]. - The company will pursue accountability for significant errors, including potential penalties for those responsible, based on the severity and impact of the errors [2][3]. Group 2: Conditions for Accountability - Specific conditions warranting accountability include violations of laws and regulations, failure to follow internal procedures, and personal negligence leading to significant errors [2][4]. - The company will consider the severity of the situation when determining penalties, with provisions for both aggravating and mitigating circumstances [4][5]. Group 3: Procedures and Penalties - The company will ensure that any accountability measures are fair and transparent, allowing responsible parties to present their case before penalties are imposed [3][5]. - Penalties for significant errors may include internal reprimands, warnings, demotions, financial penalties, or termination of employment [7]. Group 4: Implementation and Review - The system will be implemented following approval by the company's board of directors and will apply to quarterly and interim report disclosures as well [6]. - The board retains the authority to modify and interpret the system as necessary, ensuring compliance with relevant laws and regulations [6].