TMSP(SH:600671) Zheng Quan Zhi Xing·2025-08-27 10:06Core Viewpoint - The management accountability system of Hangzhou Tianmu Mountain Pharmaceutical Co., Ltd. aims to enhance the responsibility awareness of senior management and subsidiary leaders, ensuring they fulfill their duties legally and effectively to prevent significant losses to the company and its stakeholders [2]. Group 1: General Principles - The purpose of the accountability system is to promote the serious and lawful performance of duties by senior management and subsidiary leaders, thereby reducing decision-making errors that could harm the company and its stakeholders [2]. - The accountability system applies to senior management and heads of subsidiaries within the company [2]. - The principles of accountability include strict management and serious pursuit of responsibility [2]. Group 2: Responsibilities and Scope - The company’s compensation and assessment committee is responsible for collecting and summarizing materials related to accountability and proposing relevant plans to the board of directors [3]. - The audit department is tasked with auditing the resignation of senior management and heads of subsidiaries, providing audit reports to the audit committee [3]. - Senior management and subsidiary leaders will be held accountable if their actions lead to damage to the company's interests, including severe safety incidents, fraud, or violations of company regulations [3][4]. Group 3: Forms and Types of Accountability - The company may impose economic penalties alongside other disciplinary actions when senior management or subsidiary leaders fall within the scope of accountability [4]. - Economic responsibility audits will be conducted by the audit department during job changes or resignations of senior management and heads of subsidiaries [4]. Group 4: Accountability Procedures - Accountability investigations can be initiated based on reports from the public or institutions, with the compensation and assessment committee conducting investigations and proposing handling opinions to the board [5]. - If issues are found during audits related to job changes or resignations, the audit department will report to the audit committee, and the board will issue handling opinions [5]. - Individuals subject to accountability can appeal the board's decisions, but the execution of the decisions will not be affected during the appeal period [5]. Group 5: Miscellaneous - Any matters not covered by this system or inconsistent with relevant laws and regulations will be executed according to national laws, administrative regulations, and the company's articles of association [5]. - The board of directors is responsible for interpreting and amending this accountability system, which will take effect upon approval by the board [5].