Hengtong Logistics(SH:603223) Zheng Quan Zhi Xing·2025-08-27 09:20Core Viewpoint - The management system for subsidiaries of Hengtong Logistics Co., Ltd. aims to enhance the operational efficiency and risk control of subsidiaries while ensuring compliance with relevant laws and regulations [1][2]. Group 1: General Principles - The management system is established to strengthen the control over subsidiaries, ensuring their standardized, efficient, and orderly operation [1]. - Subsidiaries are defined as companies under the company's consolidated financial statements that are controlled or effectively managed by the company [1]. Group 2: Organizational Management - The company manages subsidiaries primarily through the appointment of directors, supervisors, and senior management personnel, along with daily supervision [1][2]. - Company-appointed personnel are responsible for ensuring compliance with laws, coordinating between the company and subsidiaries, and reporting on operational conditions [3][4]. Group 3: Operational and Investment Decision Management - Subsidiaries must adhere to national laws and regulations while formulating their operational goals in line with the company's overall development plan [4][5]. - Subsidiaries are required to report operational data accurately and timely, and any abnormal situations must be communicated to the company [6][7]. Group 4: Financial Management - The company's finance department provides guidance and supervision over the accounting and financial management of subsidiaries [7][8]. - Subsidiaries must submit monthly, quarterly, and annual financial reports to the company, including various financial statements [8][9]. Group 5: Information Disclosure - Subsidiaries are obligated to provide significant internal information to the company's securities department and ensure the accuracy and completeness of the information [9][10]. - Major decisions and operational updates must be reported to the company in a timely manner [10][11]. Group 6: Supervision and Audit - The company conducts regular audits of subsidiaries to ensure compliance with laws and internal regulations [11][12]. - Subsidiaries must cooperate fully with audit processes and implement recommendations from audit findings [12][13]. Group 7: Performance Evaluation and Incentive Mechanism - The company implements a performance evaluation system for subsidiary management to promote sustainable development [13][14]. - Subsidiaries are encouraged to establish their own performance assessment and reward systems based on their specific circumstances [14][15].