Core Viewpoint - The financial management system of Hanhigh Group Co., Ltd. aims to strengthen and standardize financial management and accounting practices, ensuring the protection of shareholders' rights and compliance with relevant laws and regulations [1][2]. Financial Management Organization System - The financial management work follows a unified management and hierarchical responsibility principle, with each level and position fulfilling their respective financial management duties [4][5]. - The company appoints a financial manager responsible for overseeing financial and accounting activities, ensuring the authenticity and legality of financial data [6][7]. - The financial department is tasked with managing all financial matters and must employ qualified accounting personnel [8][9]. Accounting Principles - The company adopts a borrowing and lending accounting method and must ensure that accounting records are based on actual economic transactions [16][19]. - Regular reconciliations of financial data with physical assets and funds are required to ensure accuracy [20][21]. Revenue and Cost Management - Revenue recognition is based on contracts and agreements, with strict adherence to the principle of matching revenue with costs [22][23]. - The company implements strict budget management to control costs and expenses, ensuring compliance with internal and external regulations [26][27]. Profit Distribution Management - Profits are distributed according to the company's articles of association after paying corporate income tax, following a specific order of priority [28][30]. Financial Reporting - Financial reports must be prepared in accordance with relevant accounting standards and include monthly, quarterly, semi-annual, and annual reports [32][33]. - The company is required to submit financial reports within specified timeframes after the end of each reporting period [36][39]. Comprehensive Budget Management - The company implements comprehensive budget management to ensure alignment with strategic goals and operational efficiency [38][40]. - The budget management process includes preparation, approval, execution, and analysis [42][43]. Fund Management - The company emphasizes centralized management of funds, ensuring all financial transactions are recorded in legal accounting books [44][45]. - Strict internal controls are established for cash management and bank transactions to ensure security and compliance [51][52]. Asset Management - The company manages various assets, including receivables, inventory, fixed assets, and intangible assets, ensuring proper accounting and reporting [53][54]. - Regular inventory checks and asset evaluations are mandated to maintain accuracy and accountability [56][57]. Tax Management - Tax management focuses on legal compliance and cost-effectiveness, with regular assessments of tax risks and opportunities for tax savings [59][60]. External Investment and Financing Management - The company’s external investment activities include securities, equity investments, and fixed asset investments, adhering to national laws and company strategy [63][64]. - The board of directors is responsible for making decisions regarding external financing, ensuring alignment with shareholder interests [66][67]. Accounting Archives Management - The company maintains accounting archives with specified retention periods, ensuring proper management and confidentiality of financial documents [68][69]. - Procedures for accessing and managing accounting records are strictly regulated to prevent unauthorized access [72][73]. Financial Information Management - The company utilizes a unified financial information system for accounting and reporting, with strict controls over data access and modifications [79][80]. - Regular backups and system checks are conducted to ensure data integrity and security [81][82].
悍高集团: 财务管理制度