Core Viewpoint - The company has established a system for accountability regarding significant errors in annual report disclosures to enhance the quality and transparency of financial reporting [1][5]. Group 1: Purpose and Scope - The system aims to strengthen the company's operational norms and ensure the authenticity, accuracy, completeness, and timeliness of annual report disclosures [1]. - It applies to various personnel, including directors, senior management, major shareholders, and other relevant individuals involved in the disclosure process [2]. Group 2: Accountability Conditions - Specific conditions warranting accountability include violations of laws and regulations leading to significant errors in disclosures, failure to communicate timely, and other personal reasons causing substantial negative impacts [2][3]. Group 3: Accountability Measures - The company can impose various forms of accountability, such as requiring corrections, issuing reprimands, and even terminating employment in severe cases [4][6]. - Economic penalties may accompany disciplinary actions based on the severity of the incident [5]. Group 4: Reporting and Disclosure - In cases of significant accounting errors or omissions, the company must disclose the reasons and impacts of corrections, along with the board's determinations regarding accountability [5].

Core Viewpoint - The company has established a system for accountability regarding significant errors in annual report disclosures, emphasizing the importance of accurate information and the consequences of negligence [1][2]. Group 1: Accountability Measures - The system defines significant errors as failures by personnel to fulfill their responsibilities, leading to substantial economic losses or negative social impacts [1]. - The accountability measures apply to directors, senior management, subsidiary heads, controlling shareholders, and other relevant personnel involved in annual report disclosures [1]. - The board of directors is responsible for identifying responsible parties and implementing disciplinary actions, which may include criticism, warnings, or termination of employment, as well as mandatory disclosures of corrections and their impacts [1][2]. Group 2: Disciplinary Actions - Internal disciplinary actions may include correction orders, public criticism, job reassignment, suspension, demotion, dismissal, and compensation for losses [1]. - For external personnel providing inaccurate information, the board will issue notifications and may propose changes in the involved shareholders' directors or executives [2]. - Economic penalties may accompany disciplinary actions against directors and senior management, with amounts determined by the board based on the severity of the incident [2]. Group 3: Procedural Guidelines - The board secretary's office is tasked with collecting and summarizing information related to accountability, proposing handling plans, and obtaining board approval [2]. - Before any disciplinary action is taken, the rights of the responsible parties to present their case must be respected [2]. - The system will be revised as necessary to align with relevant laws and regulations, with the board responsible for its interpretation and amendments [2].

Core Points - The document outlines a system for accountability in annual report information disclosure to enhance the quality and transparency of disclosures [1][2] - It specifies the responsibilities of various personnel involved in the disclosure process and the conditions under which accountability will be pursued [2][3] Group 1: General Principles - The system aims to ensure the authenticity, accuracy, completeness, and timeliness of annual report disclosures [1] - It applies to the company, its subsidiaries, and key personnel including directors, supervisors, and senior management [1] - The accountability system is triggered by significant economic losses or adverse social impacts due to negligence in disclosure duties [1] Group 2: Conditions for Accountability - Accountability will be pursued if there are violations of laws, regulations, or internal controls leading to significant omissions or errors in disclosures [2][3] - Specific conditions include failure to adhere to legal standards, internal management systems, or providing inaccurate data [2][3] Group 3: Standards for Major Errors - Major accounting errors are defined by thresholds such as 5% of total audited assets or net assets, with a minimum absolute amount of 8 million [3][4] - Other significant errors include failure to disclose major accounting policy changes or significant lawsuits affecting over 10% of net assets [4] Group 4: Performance Forecast Discrepancies - Discrepancies in performance forecasts are identified if the actual results differ significantly from the forecasts, with a threshold of 20% [5][6] - The document outlines specific criteria for determining when discrepancies are considered significant [5][6] Group 5: Accountability Measures - The document details various forms of accountability, including economic penalties and corrective actions for responsible personnel [6][7] - It emphasizes the need for a fair process, allowing individuals to present their case before any penalties are imposed [7][8] Group 6: Implementation and Oversight - The system will be effective upon approval by the company's board and will be subject to regular review and modification as necessary [8]

Group 1 - The company aims to enhance the standard of operation and improve the quality and transparency of annual report information disclosure through the establishment of a responsibility accountability system [1][2] - The responsibility accountability system applies to directors, senior management, subsidiary heads, controlling shareholders, and other personnel involved in annual report information disclosure [1] - The principles of the accountability system include objectivity, fairness, and proportionality between fault and responsibility [1] Group 2 - Major errors in annual report information disclosure that result from violations of accounting standards or regulations will lead to accountability for responsible individuals [1][2] - The company may impose economic penalties alongside other disciplinary actions for responsible parties, with the amount determined by the board based on the circumstances of the incident [2] - The company reserves the right to interpret the accountability system, which will take effect upon approval by the board [2]

Core Viewpoint - The company has established a system to enhance the accountability and quality of annual report disclosures, ensuring compliance with relevant laws and regulations [1][2]. Group 1: Disclosure Responsibilities - The system applies to all personnel involved in annual report disclosures, including major shareholders, directors, senior management, and department heads [1]. - The company emphasizes strict adherence to accounting standards and internal controls to ensure the accuracy and fairness of financial reports [2]. Group 2: Major Errors in Disclosure - Major errors in annual report disclosures include significant accounting errors, substantial omissions, and discrepancies in performance forecasts [2][3]. - Specific criteria for identifying major accounting errors include deviations exceeding 5% of total audited assets, net assets, revenue, or net profit, with absolute amounts over 5 million [3][4]. Group 3: Accountability and Procedures - The company will pursue accountability for major disclosure errors, distinguishing between direct and leadership responsibilities [5][6]. - The internal audit department is responsible for collecting evidence and proposing accountability measures, which must be approved by the board's audit committee [3][6]. Group 4: Correction and Disclosure of Errors - If significant errors are identified, the company must correct them and may impose penalties on responsible individuals, including economic and administrative sanctions [5][6]. - The board must ensure that any corrections to previously disclosed financial reports are audited by qualified accounting firms [7][8].

Core Points - The company has established a management system for accountability regarding significant errors in annual report information disclosure to enhance operational standards and improve the quality and transparency of disclosures [2][3] - The system outlines the responsibilities of personnel involved in the annual report process, emphasizing adherence to accounting standards and internal controls to ensure accurate financial reporting [2][3] - The criteria for identifying significant errors in annual report disclosures include major accounting errors, significant omissions, and discrepancies between performance forecasts and actual results [4][5] Summary by Sections General Principles - The purpose of the system is to increase accountability for annual report disclosures and ensure the authenticity, accuracy, completeness, and timeliness of information [2] - Relevant personnel must comply with accounting standards and internal controls to ensure fair representation of the company's financial status [2][3] Identification and Handling of Significant Accounting Errors - Significant accounting errors are defined by specific thresholds, such as errors affecting total assets, net assets, revenue, and profit by more than 5% or exceeding certain absolute amounts [4] - Corrections to previously published financial reports require auditing by qualified accounting firms [4][5] Identification and Handling of Other Significant Disclosure Errors - Other significant errors include omissions of major accounting policies, guarantees provided to shareholders, and significant lawsuits or contracts affecting net assets by over 10% [5][6] - Discrepancies in performance forecasts and actual results are also considered significant errors if they exceed 50% of the expected range [6] Accountability for Disclosure Errors - The system stipulates that directors and senior management are accountable for providing false or incomplete information, with penalties ranging from reprimands to termination based on the severity of the error [7][8] - The company’s financial department must provide accurate financial data and cooperate with audits to prevent significant disclosure errors [7][8] Additional Provisions - The system allows for varying degrees of penalties based on the circumstances of the error, including potential economic penalties determined by the board [8][9] - The board is responsible for interpreting and revising the system, which takes effect upon approval [9]

Core Viewpoint - The company has established a system to enhance the accountability and quality of annual report disclosures, ensuring compliance with relevant laws and regulations [1][2]. Group 1: Disclosure Responsibilities - The system applies to the company's controlling shareholders, actual controllers, directors, senior management, department heads, subsidiary heads, and other personnel involved in annual report disclosures [1]. - Company personnel must strictly adhere to the "Enterprise Accounting Standards" to ensure that financial reports accurately reflect the company's financial status, operating results, and cash flows [2]. Group 2: Error Recognition and Handling - Major errors in annual report disclosures include significant accounting errors in annual financial reports, major omissions, and discrepancies in performance forecasts [2][3]. - If significant errors are identified, the company must correct previously published financial reports and may need to hire a qualified accounting firm for auditing [3][4]. Group 3: Accountability Procedures - The company will investigate the causes of significant errors and determine responsibility, with the board of directors making decisions on accountability [4][5]. - Responsibility for major errors is categorized into direct responsibility and leadership responsibility, with department staff held accountable for the accuracy of the information they provide [5]. Group 4: Consequences of Accountability - Consequences for accountability may include corrective actions, termination of employment, and potential legal action for severe cases [5][6]. - The results of accountability for major errors will be included in the annual performance evaluation of relevant departments and personnel [6].

Core Points - The company aims to enhance the quality and transparency of annual report disclosures and improve internal control systems in accordance with relevant laws and regulations [1][2] - The responsibility accountability system is established to address significant economic losses or negative social impacts caused by personnel failing to fulfill their duties in annual report disclosures [1][2] Group 1: Disclosure Standards - Company personnel must strictly adhere to the "Enterprise Accounting Standards" and related regulations to ensure that financial reports accurately reflect the company's financial status, operating results, and cash flows [2] - Major errors in annual report disclosures include significant accounting errors in annual financial reports, major errors or omissions in other disclosures, and significant discrepancies in performance forecasts [2][4] Group 2: Error Recognition Standards - Specific standards for recognizing major accounting errors include errors affecting assets, liabilities, net assets, revenue, and profit, with thresholds set at 5% or absolute amounts exceeding 5 million [4][5] - Major discrepancies in performance forecasts are recognized when the forecasted performance direction differs from the actual results or when the variance exceeds 20% without reasonable explanation [5][6] Group 3: Accountability Procedures - The company will pursue accountability for significant errors in annual report disclosures, which includes both direct and leadership responsibilities [6][7] - Various forms of accountability may be applied, including termination of employment, depending on the severity of the error [6][7] Group 4: Review and Correction Process - The internal audit department is responsible for collecting materials related to accountability and proposing corrective actions, which must be approved by the board of directors [8][9] - Any corrections to previously published financial reports must be audited by a qualified accounting firm in accordance with the Securities Law [8][9]

Core Points - The company aims to enhance the quality and transparency of annual report disclosures and increase accountability for those responsible for such disclosures [1][2] - The company has established a system to address significant errors in annual report disclosures, including financial report inaccuracies and discrepancies in performance forecasts [2][3] - The system outlines specific criteria for identifying major accounting errors and the procedures for handling them, ensuring compliance with relevant laws and regulations [3][4] Summary by Sections General Principles - The company has developed a system to improve the operational standards of Jiangsu Zhaosheng Microelectronics Co., Ltd. and enhance the accountability of annual report disclosure personnel [1] - The system mandates strict adherence to accounting standards and internal controls to ensure the accuracy and completeness of financial reports [1][2] Identification and Handling of Major Accounting Errors - Major accounting errors are defined by specific thresholds, such as errors affecting over 5% of total audited assets or net assets, with an absolute amount exceeding 5 million [3][4] - The company must engage a qualified accounting firm to audit any corrections made to previously published annual financial reports [4] Responsibility and Accountability - The company will pursue accountability for significant errors in annual report disclosures, holding responsible parties accountable based on the severity of the error [5][6] - The board of directors is responsible for ensuring the accuracy and completeness of financial reports, with specific roles assigned to the chairman, general manager, and financial director [5][6] Procedures for Error Correction - In cases of significant errors, the company must promptly issue supplementary and corrective announcements [3][7] - The internal audit department is tasked with collecting relevant information, investigating the causes of errors, and proposing corrective measures [4][7] Disciplinary Actions - The company may impose various disciplinary actions on responsible individuals, including warnings, demotions, or termination, depending on the severity of the error [8][9] - The results of accountability measures will be included in the annual performance evaluations of relevant departments and personnel [9]

Core Viewpoint - Guangzhou Jinyi Media Corporation has established a system for accountability regarding significant errors in annual report information disclosure to enhance the quality and transparency of financial reporting [4]. Group 1: Major Errors in Financial Reporting - Significant accounting errors in annual financial reports can affect users' judgments on financial status, operating results, and cash flows [2]. - Major discrepancies between performance forecasts and actual disclosures must be explained reasonably [2][6]. - The company must adhere to relevant accounting standards and internal control systems to ensure accurate financial reporting [4][5]. Group 2: Standards for Identifying Major Errors - Specific criteria for identifying significant accounting errors include discrepancies in assets, liabilities, net assets, revenue, and profit that exceed 5% or absolute amounts over 5 million [6]. - Major errors in financial information disclosures must be recognized if they involve guarantees or contingent matters exceeding 10% of the latest audited net assets [6][7]. - Performance forecasts must align with actual results, and any significant deviations must be justified [7]. Group 3: Accountability Procedures - The company will pursue accountability for significant errors in annual report disclosures, which includes direct and leadership responsibilities [8]. - Various forms of accountability may be applied, including reprimands, demotions, or legal actions depending on the severity of the error [8][9]. - The internal audit department is responsible for collecting materials related to accountability and proposing corrective measures [9].