RAINBOW(SZ:002419) Zheng Quan Zhi Xing·2025-08-11 11:14Core 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 [3][4]. Group 1: General Principles - The system aims to improve the company's operational standards and increase accountability for those responsible for annual report disclosures [3]. - It is based on various laws and regulations, including the Securities Law and Accounting Law of the People's Republic of China [3]. Group 2: Definition of Major Errors - Major errors in annual report disclosures include significant accounting errors in financial reports, major omissions, and discrepancies in performance forecasts [6]. - Specific criteria for identifying major errors include violations of accounting standards and significant differences between forecasts and actual results [6][11]. Group 3: Accountability Procedures - The company will pursue accountability for individuals responsible for significant errors, adhering to principles of objectivity, fairness, and proportionality of responsibility [7]. - The audit department is tasked with investigating errors, determining responsibility, and proposing corrective measures [10][12]. Group 4: Consequences of Errors - Individuals found responsible for significant errors may face various penalties, including warnings, demotions, or termination of employment [14]. - The board of directors will publicly disclose decisions regarding accountability and penalties for significant errors in annual report disclosures [15].