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 and ensure compliance with relevant laws and regulations [1][2]. Group 1: General Principles - The system aims to improve the company's operational standards and increase accountability for those responsible for annual report disclosures [1]. - It applies to personnel whose actions lead to significant errors in annual report disclosures, resulting in substantial economic losses or negative social impacts [1][2]. - The principles for accountability include objectivity, accountability for errors, proportionality of power and responsibility, and combining accountability with work improvement [1][2]. Group 2: Definition of Significant Errors - Significant errors in annual report disclosures include major accounting errors, substantial omissions, and discrepancies in performance forecasts [2][3]. - Specific situations classified as significant errors include violations of accounting laws, major discrepancies in financial data, and failure to provide reasonable explanations for performance differences [2][3][4]. Group 3: Recognition and Handling of Accounting Errors - Major accounting errors are defined as those that could significantly affect users' judgments regarding the company's financial status [3][4]. - Criteria for recognizing significant accounting errors include errors exceeding 5% of total audited assets or net profit, with absolute amounts over 5 million [4][5]. - The company must engage a qualified accounting firm to audit any corrections made to previously published financial reports [5]. Group 4: Responsibility and Accountability - The company will pursue accountability for significant errors, distinguishing between direct responsibility and leadership responsibility [8][9]. - Key executives, including the chairman and general manager, bear primary responsibility for the accuracy and completeness of financial reports [9][10]. - Serious cases of errors may lead to severe penalties, including dismissal or legal action [10][11]. Group 5: Implementation and Review - The financial department is responsible for collecting data related to errors, investigating causes, and proposing corrective measures [2][8]. - The board of directors must review and approve any proposed actions regarding accountability for significant errors [10][11]. - The system will take effect upon approval by the board and will be subject to modifications as necessary [11].

Core Points - The company aims to enhance the quality and transparency of annual report disclosures by establishing a system for accountability regarding significant errors in information disclosure [1][2] - The system is designed to ensure that financial reports accurately reflect the company's operational status and to hold responsible parties accountable for any significant errors that lead to economic losses or negative social impacts [1][4] Group 1: General Principles - The system is based on relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China, to ensure compliance and proper governance [1] - The company emphasizes the importance of truthful, accurate, complete, and timely financial reporting, and mandates cooperation with auditing processes [1][2] Group 2: Identification and Handling of Errors - Significant errors in annual report disclosures include major accounting errors, omissions, or substantial discrepancies in performance forecasts [1][4] - The process for identifying and handling significant errors involves collecting and summarizing relevant information, with the audit department responsible for proposing corrective actions [3] Group 3: Accountability and Responsibility - The company holds directors, senior management, and other relevant personnel accountable for the accuracy and completeness of annual report disclosures, with specific responsibilities assigned to the chairman, general manager, and financial officer [4][5] - In cases of significant errors leading to regulatory actions, the audit department is tasked with gathering evidence and proposing accountability measures to the board [4][5] Group 4: Additional Provisions - The accountability system also applies to quarterly and interim report disclosures, ensuring a consistent approach to error management across all reporting periods [5] - The board of directors is responsible for interpreting and amending the system, which will take effect upon approval and announcement [5]

Core Points - The company has established a system for accountability regarding significant errors in annual report disclosures to enhance the quality and transparency of information [1][4] - The system applies to board members, senior management, subsidiary heads, controlling shareholders, and other personnel involved in annual report disclosures [1][2] - The accountability system is based on principles of objectivity, fairness, and proportionality between fault and responsibility [1][3] Summary by Sections General Principles - The system aims to ensure the authenticity, accuracy, completeness, and timeliness of annual report disclosures [1] - It is formulated in accordance with various laws and regulations, including the Company Law and Securities Law [1] Accountability for Significant Errors - Responsibility will be pursued in cases of violations of laws and regulations leading to significant errors in disclosures [2] - Specific scenarios warranting accountability include breaches of internal control systems and failure to communicate effectively during the disclosure process [2] Forms and Types of Accountability - Various forms of accountability include correction orders, public criticism, demotion, fines, and termination of employment [3][4] - The company will consider the reasons for errors, consequences, and the position of the responsible individuals when determining accountability measures [4] Additional Provisions - The results of accountability for significant errors will be included in the annual performance evaluation of relevant departments and personnel [4] - The system will be revised in accordance with any changes in national laws or the company's articles of association [4]

Core Viewpoint - The company aims to enhance the quality and transparency of annual report information disclosure, ensuring accountability for responsible personnel and compliance with relevant regulations [1][2][3] Group 1: Regulations and Compliance - The company establishes a system to improve the operational standards of annual report information disclosure, aligning with various laws and regulations [1] - Relevant personnel must strictly adhere to the "Enterprise Accounting Standards" and internal control systems to ensure the authenticity and fairness of financial reports [2] - Major errors in annual report disclosures include significant accounting errors, omissions, and discrepancies in performance forecasts [2][3] Group 2: Error Recognition and Handling Procedures - Specific criteria for recognizing major accounting errors include discrepancies in revenue or profit exceeding 5% of the audited total, with absolute amounts over 5 million [4] - The company must engage qualified accounting firms to audit corrected annual financial reports [4] - The internal audit department is responsible for collecting data, investigating causes of errors, and proposing corrective measures [4][5] Group 3: Accountability and Penalties - The company will hold responsible individuals accountable for significant errors in annual report disclosures, including the chairman, general manager, and financial director [7] - Serious cases of disclosure errors may lead to heavier penalties, including dismissal or economic sanctions [7][8] - The board of directors will disclose decisions regarding accountability for major disclosure errors through temporary announcements [8]

Core Points - The company has established a responsibility accountability system to enhance the quality and transparency of annual report information disclosure [1][2] - The system applies to various personnel including directors, senior management, and other relevant individuals involved in the annual report disclosure process [1][2] - The principles of the accountability system include objectivity, proportionality of fault and responsibility, and the combination of accountability and work improvement [1][2] Chapter Summaries Chapter 1: General Provisions - The purpose of the system is to improve the company's operational standards and ensure the authenticity and completeness of information disclosure [1] - The system outlines the conditions under which responsibility will be pursued for significant errors in annual report disclosures [1][2] Chapter 2: Accountability for Major Errors in Annual Report Disclosure - Specific circumstances that warrant accountability include violations of national laws and regulations leading to significant errors or adverse effects [2] - The system specifies conditions for heavier penalties, such as severe consequences due to subjective factors [2][4] - It also outlines conditions for lighter penalties, including proactive measures taken to mitigate losses [4][5] Chapter 3: Forms and Types of Accountability - The company will pursue accountability through various forms, including corrective orders, public criticism, and potential termination of employment [5] - Economic penalties may accompany disciplinary actions depending on the severity of the incident [5] Chapter 4: Supplementary Provisions - The accountability system will also apply to semi-annual and quarterly report disclosures [6] - The board of directors is responsible for interpreting and amending the system [6]

Core Viewpoint - The company has established a responsibility accountability system for significant errors in annual report information disclosure to enhance the quality and transparency of its disclosures [1][2]. Group 1: General Principles - The system aims to improve the company's operational standards and ensure the authenticity, accuracy, completeness, and timeliness of information disclosure [1]. - The accountability system applies to various stakeholders, including directors, senior management, department heads, controlling shareholders, and other relevant personnel [1][2]. Group 2: Responsibility Identification and Accountability - Specific circumstances that warrant accountability include violations of laws and regulations leading to significant errors in information disclosure [2][3]. - The system outlines conditions for heavier penalties, such as severe consequences due to subjective factors or interference with investigations [3][7]. - There are provisions for lighter penalties if individuals take proactive measures to mitigate negative outcomes or if errors are due to uncontrollable factors [3][4]. Group 3: Forms and Types of Accountability - The forms of accountability include corrective actions, public criticism, job reassignment, financial compensation, and potential criminal referrals for severe cases [4][7]. - The board of directors has the authority to determine the appropriate measures and financial penalties based on the circumstances of each case [4][7]. Group 4: Additional Provisions - The system also applies to quarterly and semi-annual report disclosures, ensuring consistency in accountability practices [6]. - Any conflicts between this system and existing laws or regulations will defer to the latter [6]. - The board of directors is responsible for interpreting and amending the system as necessary [6].

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][2][3] Group 1: Accountability System - The accountability system applies to directors, senior management, subsidiary heads, and other personnel involved in annual report disclosures [2][3] - The system aims to ensure compliance with relevant laws and regulations, including the Securities Law and Accounting Law, to prevent significant economic losses or negative social impacts [1][2] - The principles of accountability include objectivity, fairness, and correspondence between fault and responsibility [2][3] Group 2: Scope of Significant Errors - Significant errors in annual report disclosures include major accounting errors in financial reports, substantial omissions, and discrepancies between performance forecasts and actual results [2][3] - Specific situations that warrant accountability include violations of accounting standards and significant differences in reported financial data [3] Group 3: Correction of Errors - The company is required to promptly issue supplementary and corrective announcements for significant errors or omissions in annual report disclosures [3][4] - Corrections must adhere to established disclosure rules and guidelines [3] Group 4: Consequences of Errors - The company will pursue accountability for individuals responsible for significant errors, including potential disciplinary actions such as warnings, demotions, or termination [3][4] - Factors that may lead to harsher penalties include severe consequences resulting from intentional misconduct or repeated errors [4]

Core Viewpoint - The company has established a system for accountability regarding significant errors in annual report disclosures to enhance the quality and transparency of information provided to stakeholders [2][3]. Group 1: General Principles - The system aims to strengthen the company's operational standards and increase accountability for those responsible for annual report disclosures [2]. - It is based on relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [2]. - The accountability system applies to directors, senior management, subsidiary heads, controlling shareholders, and other personnel involved in annual report disclosures [2][3]. Group 2: Conditions for Accountability - Specific conditions under which responsibility should be pursued include violations of national laws and regulations that lead to significant errors in annual report disclosures [3]. - There are provisions for heavier penalties in cases of severe misconduct or negligence [3]. - Conversely, there are also conditions under which penalties may be reduced or waived [3]. Group 3: Forms and Types of Accountability - The forms of accountability include disciplinary actions and potential economic penalties determined by the board based on the severity of the incident [4]. - The company ensures that before any penalties are imposed, the responsible individuals have the right to present their opinions and defend themselves [3][4]. Group 4: Supplementary Provisions - Any matters not covered by this system will refer to relevant laws, regulations, and the company's articles of association [6]. - The system will take effect upon approval by the board of directors and will be subject to interpretation and revision by the board [6].

General Principles - The company aims to enhance the quality and transparency of annual report disclosures by establishing a responsibility accountability system for significant errors in information disclosure [1] - The system applies to various stakeholders, including directors, senior management, and other relevant personnel involved in the annual report disclosure process [1] Responsibilities of Disclosure Personnel - Senior management, including the general manager and financial director, is responsible for organizing the preparation of the annual report draft and ensuring timely reporting of necessary information [2] - Directors and senior management are accountable for the authenticity, accuracy, completeness, timeliness, and fairness of the annual report disclosures, except when they can provide sufficient evidence of due diligence [2] Circumstances and Considerations for Accountability - Significant errors in annual report disclosures include major accounting errors, substantial omissions, and discrepancies in performance forecasts that are recognized as significant by regulatory authorities [3] - Specific violations leading to significant errors include breaches of national laws, internal regulations, and failure to follow established procedures [3][4] Standards for Performance Forecast Discrepancies - A performance forecast is considered significantly different if the latest expected net profit shows a directional change or a substantial deviation from previously disclosed forecasts [4] - The threshold for significant differences in performance reports is set at a deviation of 10% or more from the actual data in periodic reports [4] Forms and Consequences of Accountability - The company may impose various penalties on responsible parties, including economic penalties, based on the severity of the incident [5] - The company must disclose corrections, supplements, or revisions to significant accounting errors and discrepancies in performance forecasts in accordance with regulatory requirements [5] Additional Provisions - The accountability system also applies to quarterly and semi-annual reports, ensuring consistency in the handling of significant errors across different reporting periods [6] - The system is effective upon approval by the board of directors and will be modified as necessary to comply with relevant laws and regulations [6]

Group 1 - The company has established a responsibility accountability system for significant errors in annual report information disclosure to enhance operational standards and ensure the authenticity, accuracy, completeness, and timeliness of disclosures [1][2] - The accountability system applies to directors, senior management, subsidiary heads, controlling shareholders, actual controllers, and other personnel involved in the annual report disclosure process [1][2] - The principles of the accountability system include factual accuracy, objectivity, proportionality of fault and responsibility, and the equivalence of rights and responsibilities [1][2] Group 2 - Specific circumstances that warrant accountability include violations of laws and regulations leading to significant errors or adverse impacts in annual report disclosures [2] - The company must consider the reasons for errors, consequences, and whether timely corrective actions were taken before imposing penalties on responsible individuals [2] - Possible forms of accountability include correction orders, public criticism, job reassignment, fines, and termination of employment [2][3]