QA(SH:603758) Zheng Quan Zhi Xing·2025-08-22 16:28Core Viewpoint - The company has established a responsibility accountability system to enhance the quality and transparency of its periodic report disclosures, ensuring compliance with relevant laws and regulations [3][4][5]. Group 1: General Principles - The system aims to improve the company's operational standards and reinforce the accountability of personnel involved in periodic report disclosures [3][4]. - It applies to various stakeholders, including directors, senior management, and relevant department heads [4]. Group 2: Accountability Situations and Considerations - Responsibility accountability refers to the consequences faced by personnel for failing to perform their duties correctly, leading to significant errors in periodic report disclosures [6]. - Major errors in periodic report disclosures include significant accounting errors, omissions, and discrepancies in financial data [5][6]. Group 3: Standards for Major Errors - Major accounting errors are defined by specific thresholds, such as errors affecting over 5% of audited total assets or net profit exceeding 500,000 [8]. - Other significant errors include failure to disclose major accounting policy changes or significant lawsuits affecting over 10% of the company's net assets [7][8]. Group 4: Responsibility Pursuit for Major Errors - The company must disclose the reasons and impacts of any major errors in periodic reports, along with the measures taken against responsible individuals [9][10]. - The board of directors is responsible for investigating and determining accountability for significant errors in disclosures [12]. Group 5: Forms and Types of Accountability - Accountability can take various forms, including administrative penalties such as warnings, demotions, or termination, and economic penalties like fines or salary reductions [20][21]. - The board can decide on the severity of penalties based on the circumstances surrounding the error [22][23].