Zheng Quan Zhi Xing·2025-08-15 12:16General Principles - The company aims to enhance the quality and transparency of annual report disclosures by establishing a responsibility accountability system for significant errors in information disclosure [1][2] - The accountability system applies to directors, senior management, subsidiary heads, controlling shareholders, and other personnel involved in annual report disclosures [1] Major Errors in Annual Report Disclosure - Major errors in annual report disclosures include significant accounting errors in annual financial reports, substantial errors or omissions in disclosures, and significant discrepancies in performance forecasts [2] - Specific circumstances that lead to accountability include violations of laws and regulations that result in major errors or adverse impacts on disclosures [2] Forms of Accountability - The forms of accountability include disciplinary actions, which may be accompanied by economic penalties determined by the board based on the severity of the incident [2][3] - The company ensures that before any penalties are imposed, the responsible parties are given the opportunity to present their views and defend themselves [2] Implementation and Compliance - The accountability system will be executed in accordance with national laws, regulations, and the company's articles of association, and will be revised as necessary to comply with future legal changes [3] - The system will take effect upon approval by the company's board of directors, which is also responsible for its interpretation [3]