Article 1 in order to improve the standard operation level of the company, enhance the authenticity, accuracy, integrity and timeliness of information disclosure, improve the quality and transparency of annual report information disclosure, and strengthen the accountability of the person responsible for annual report information disclosure, according to the securities law of the people’s Republic of China, the accounting law of the people’s Republic of China, the accounting standards for business enterprises and the stock listing rules of Shanghai Stock Exchange This system is formulated in accordance with the provisions of relevant laws, regulations, rules and the Guangxi Guiguan Electric Power Co.Ltd(600236) articles of association, such as the standards for the contents and forms of information disclosure of companies offering securities to the public No. 2 – Contents and forms of annual reports (revised in 2021), the rules for the preparation of information disclosure of companies offering securities to the public No. 15 – General Provisions on financial reports, etc.
Article 2 the accountability system referred to in this system refers to the accountability and handling system when the relevant personnel fail to perform or incorrectly perform their duties and obligations or other personal reasons, resulting in significant economic losses or serious adverse social impact to the company.
Article 3 this system is applicable to the company’s directors, supervisors, senior managers, principals of subsidiaries, controlling shareholders and actual controllers, shareholders holding more than 5% shares and other personnel related to the information disclosure of the annual report.
Article 4 the implementation of the accountability system shall follow the following principles: seeking truth from facts, being objective and fair, and being accountable for mistakes; The fault is compatible with the responsibility; The principle of equal responsibility and right.
Article 5 under the leadership of the Secretary of the board of directors, the securities capital Department of the company is responsible for collecting and summarizing the materials related to accountability, putting forward relevant treatment plans according to the system and reporting them level by level to the board of directors for approval.
Article 6 major errors in annual report information disclosure referred to in this system include major accounting errors in the annual financial report, major errors or omissions in other annual report information disclosure, significant differences between the financial data and indicators in the performance forecast or performance express and the actual data and indicators in the relevant periodic reports, or other situations identified as major errors by the securities regulatory authorities.
Specifically include the following situations:
1. The annual financial report violates the accounting law of the people’s Republic of China, accounting standards for business enterprises and relevant provisions, and there are major accounting errors;
2. The disclosure of financial information in the notes to the accounting statements violates the relevant requirements of the accounting standards for business enterprises and relevant interpretation provisions, the rules for the preparation of information disclosure by companies offering securities to the public No. 15 – General Provisions on financial reports and other information disclosure rules of the CSRC, and there are major errors or omissions;
3. The content and format of information disclosure in other annual reports do not comply with the rules and regulations, normative documents, articles of association and other internal control systems issued by the CSRC and the guidelines for the content and format of information disclosure issued by Shanghai Stock Exchange, and there are major errors or omissions; 4. The performance forecast is significantly different from the actual performance disclosed in the annual report and cannot provide reasonable explanation;
5. There are significant differences between the financial data and indicators in the performance express and the actual data and indicators in the relevant periodic reports.
6. The securities regulatory authorities and Shanghai Stock Exchange have identified other major errors in the information disclosure of the annual report.
Article 7 if the company corrects the annual financial report published in previous years, it needs to hire an accounting firm qualified to perform securities and futures related business to audit the corrected annual financial report. The information disclosure that corrects the errors in the financial information in the periodic reports that have been publicly disclosed in the previous period shall be carried out in accordance with the relevant provisions.
Article 8 Where there are major omissions or inconsistencies with the facts in the information disclosure of the annual report, it shall be supplemented and corrected in a timely manner.
Article 9 under any of the following circumstances, the responsible person shall be investigated for responsibility: (I) violating the provisions of national laws and regulations such as the company law, the securities law and the accounting standards for business enterprises, causing major errors or adverse effects in the information disclosure of the annual report;
(II) violating the administrative measures for information disclosure of listed companies, the stock listing rules of Shanghai Stock Exchange and the guidelines, standards and notices on information disclosure of annual reports issued by the CSRC and Shanghai Stock Exchange, resulting in major errors or adverse effects on the information disclosure of annual reports;
(III) violating the articles of association, the company’s information disclosure management system and other internal control systems of the company, resulting in major errors or adverse effects on the information disclosure of the annual report;
(IV) failing to comply with the requirements of annual report information disclosure and causing major errors or adverse effects in annual report information disclosure;
(V) failure to communicate and report in time in the information disclosure of the annual report, resulting in major errors or adverse effects;
(VI) other personal reasons cause major errors or adverse effects in the information disclosure of the annual report.
Article 10 under any of the following circumstances, a heavier or heavier punishment shall be imposed:
1. The circumstances are bad, the consequences are serious, the impact is great, and the cause of the accident is really caused by personal subjective factors;
2. Strike, retaliate, frame the investigator or interfere with or obstruct the investigation of responsibility;
3. Failing to implement the handling decision made by the board of directors according to law;
4. Other circumstances that the board of Directors considers should be dealt with more seriously or seriously. Article 11 under any of the following circumstances, it shall be given a lighter, mitigated or exempted from treatment:
1. Effectively prevent the occurrence of adverse consequences;
2. Take the initiative to correct and recover all or most of the losses;
3. It is really caused by non subjective factors such as accidents and force majeure;
4. Other circumstances that the board of Directors considers should be mitigated, mitigated or exempted from treatment.
Article 12 before dealing with the responsible person, the opinions of the responsible person shall be listened to and their rights to make statements and defend shall be guaranteed.
Article 13 forms of accountability:
1. Order correction and review;
2. Circulate a notice of criticism;
3. Transfer, suspension, demotion and dismissal;
4. Terminate the labor contract;
5. If the case is serious and involves a crime, it shall be transferred to the judicial organ for handling according to law.
Article 14 matters not covered in this system or contrary to relevant laws and regulations shall be handled in accordance with relevant laws, regulations and rules.
Article 15 the system shall be interpreted and revised by the board of directors of the company.
Article 16 the system shall come into force from the date of deliberation and approval by the board of directors of the company.
