PJRC(SH:600395) Zheng Quan Zhi Xing·2025-07-21 10:29Core Viewpoint - The company has established a system for accountability regarding significant errors in annual report disclosures to enhance the quality, transparency, and accuracy of financial reporting [1][2]. Group 1: Accountability System - The accountability system applies to directors, senior management, department heads, and other relevant personnel involved in annual report disclosures [2][3]. - Significant errors in annual report disclosures include major accounting errors, substantial omissions, and significant discrepancies in performance forecasts [3][4]. - The company will hold individuals accountable for significant errors due to negligence, misconduct, or other personal reasons [4][5]. Group 2: Compliance and Internal Controls - Company personnel must strictly adhere to accounting standards and internal control systems to ensure accurate financial reporting [5][6]. - The company will pursue accountability when annual report disclosures violate accounting laws or regulations, leading to significant errors [6][7]. Group 3: Principles of Accountability - The principles guiding the accountability process include objectivity, thorough investigation, and proportionality between fault and responsibility [7][8]. - The company will impose heavier penalties for severe violations, such as retaliating against whistleblowers or obstructing investigations [8][9]. Group 4: Mitigating Factors for Penalties - Factors that may lead to reduced penalties include proactive measures taken by responsible individuals to prevent negative outcomes or correct errors [9][10]. - The board must consider the opinions of those involved before making decisions regarding penalties [10][11]. Group 5: Reporting and Investigation Procedures - The board office is responsible for gathering information, investigating causes of errors, and proposing corrective actions [11][12]. - In cases of significant accounting errors, the company must disclose the impact on financial status and the results of any re-audits [12][13]. Group 6: Enforcement of Penalties - Penalties for responsible individuals may include reprimands, demotions, or even termination, depending on the severity of the error [13][14]. - Individuals may appeal the board's decisions within ten days, but this does not suspend the enforcement of penalties [14][15]. Group 7: Implementation and Review - The board is responsible for revising and interpreting the accountability system, which takes effect upon approval [15][16].