Jahen Household Products Co.Ltd(300955)
Accountability system for major errors in annual report information disclosure
April, 2002
Jahen Household Products Co.Ltd(300955)
Accountability system for major errors in annual report information disclosure
Chapter I General Provisions
Article 1 in order to improve the standard operation level of Jahen Household Products Co.Ltd(300955) (hereinafter referred to as "the company"), enhance the authenticity, accuracy, integrity and timeliness of information disclosure, strengthen the accountability of the person responsible for annual report information disclosure, and improve the quality and transparency of annual report information disclosure, In accordance with the company law of the people's Republic of China, the securities law of the people's Republic of China, the Listing Rules of Shenzhen Stock Exchange on the gem, the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 2 - standardized operation of companies listed on the gem and other laws, regulations and normative documents, as well as the relevant provisions of Jahen Household Products Co.Ltd(300955) articles of Association (hereinafter referred to as the "articles of association") and in combination with the actual situation of the company, Formulate this system.
Article 2 this system refers to the investigation and handling system when the relevant personnel fail to perform or incorrectly perform their duties and obligations or other personal reasons in the disclosure of annual report information, resulting in major errors in the annual report information and causing major economic losses or adverse effects to the company.
Article 3 this system is applicable to the following personnel: directors, supervisors and senior managers of the company, shareholders holding more than 5% of the shares of the company, heads of various departments of the company and other personnel related to the information disclosure of the annual report. The Secretary shall be responsible for collecting and handling the relevant information proposed by the board of directors and reported to the leaders of the company according to the provisions of Article IV and the regulations of the board of directors.
Chapter II identification and investigation of responsibility
Article 5 the recognition criteria for major accounting errors in financial reports are as follows:
Major accounting errors refer to accounting errors that are sufficient to affect the users of financial statements to make correct judgments on the financial status, operating results and cash flow of the enterprise. The importance depends on the judgment of the scale and nature of the omission or misrepresentation in the relevant environment. The amount and nature of the financial statement items affected by the error are the decisive factors to judge whether the accounting error is important. The specific identification criteria are as follows:
(I) the amount of accounting errors involving assets and liabilities accounts for more than 5% of the total audited assets in the latest fiscal year, and the absolute amount exceeds 5 million yuan;
(II) the amount of accounting errors involving net assets accounts for more than 5% of the total audited net assets in the latest fiscal year, and the absolute amount exceeds 5 million yuan;
(III) the amount of accounting errors involving income accounts for more than 5% of the total audited income in the latest fiscal year, and the absolute amount exceeds 5 million yuan;
(IV) the amount of accounting errors involving profits accounts for more than 10% of the audited net profit of the latest fiscal year, and the absolute amount exceeds 5 million yuan;
(V) the amount of accounting errors directly affects the nature of profits and losses;
(VI) the financial reports of the previous years have been corrected through the audit of Certified Public Accountants;
(VII) the regulatory authority shall order the company to correct the errors in the previous annual financial report.
If the data involved in the above index calculation is negative, take its absolute value for calculation.
Article 6 the criteria for identifying major errors in the information disclosure of other annual reports are as follows:
(I) recognition criteria for major errors or omissions in the disclosure of financial information in the notes to the accounting statements:
1. Failure to disclose major accounting policies, changes in accounting estimates or adjustments to accounting errors;
2. Major errors that meet the standards listed in items (I) to (IV) of Article 5;
3. Not disclose any guarantee involving more than 5% of the company's latest audited net assets or any guarantee provided to shareholders, actual controllers or their affiliates, or other contingencies involving more than 10% of the company's latest audited net assets;
4. Other major matters that are sufficient to affect the correct judgment of the users of the annual report.
(II) identification criteria for major errors or omissions in the information disclosure of other annual reports:
1. Major litigation and arbitration involving more than 10% of the company's latest audited net assets, or intangible asset litigation that may affect the normal operation of the company;
2. Any guarantee involving more than 10% of the latest audited net assets of the company or any guarantee provided to shareholders, actual controllers or their affiliates;
3. Major contracts involving more than 10% of the company's latest audited operating income, or foreign investment, acquisition and sale of assets and other transactions accounting for more than 10% of the company's total assets;
4. Other major matters that are sufficient to affect the correct judgment of the users of the annual report.
Article 7 the recognition criteria for significant differences in performance forecasts are as follows:
When the actual performance or financial situation is expected to be in the following circumstances compared with the disclosed data, the performance forecast amendment announcement shall be disclosed in time:
(I) if the performance forecast is disclosed due to the net profit index, the latest expected change direction of net profit or the nature of profit and loss is inconsistent with the disclosed performance forecast, or the latest expected performance is higher than 20% of the upper limit of the amount of the original forecast interval or lower than 20% of the lower limit of the amount of the original forecast interval;
(II) if the performance forecast is disclosed due to the net assets index, the original estimated net assets are negative, and the latest estimated net assets are not less than zero;
(III) other significant differences.
The board of directors of the company shall disclose the amendment announcement in a timely manner if there is a significant difference between the actual performance or financial situation expected by the board of directors and the disclosed performance forecast.
Article 8 the recognition criteria for major differences in performance express are as follows:
If the difference between the financial data and indicators in the performance express and the actual data and indicators reaches more than 20%, it is recognized that there are significant differences in the performance express.
The board of directors of the company shall disclose the amendment announcement in time if there is a significant difference between the actual performance or financial status predicted by the board of directors and the disclosed performance express.
Article 9 accountability procedures:
(I) the Securities Affairs Department of the company is the executive department responsible for investigating the responsibility for major errors in the information disclosure of the company's annual report, which is responsible for the acceptance and review of reports, the collection and summary of data, the proposal, reporting and supervision of the implementation of handling plans, etc;
(II) any organization or individual may report to the Securities Affairs Department of the company if they find any of the above-mentioned situations in the system in the information disclosure of the company's annual report. After accepting the report, the Securities Affairs Department of the company shall examine its authenticity;
(III) after reviewing the report, if the securities affairs department considers that the report is true, it shall organize to collect and summarize relevant materials, put forward a treatment plan, and report the treatment plan to the Secretary of the board of directors, who shall report it to the board of directors of the company for final decision;
(IV) before making a final decision, the board of directors shall listen to the opinions of the responsible person and protect his right to make statements and defend;
(V) all departments of the company shall strictly implement the decisions made by the board of directors, and the Securities Affairs Department of the company shall be responsible for supervising and urging the implementation of the decisions.
Article 10 form of responsibility:
(I) circulate a notice of criticism within the company;
(II) warn, order correction and review;
(III) transfer from the original post, suspension, demotion and dismissal;
(IV) economic punishment;
(V) terminate the labor contract.
(VI) other forms determined by the board of directors.
The above measures can be applied separately or in combination.
Article 11 under any of the following circumstances, a heavier or heavier punishment shall be imposed:
(I) the circumstances are bad, the consequences are serious, the impact is great, and the cause of the accident is caused by personal subjective factors; (II) strike, retaliate, frame the investigator or interfere with or obstruct the investigation of responsibility by other means; (III) knowingly failing to correct and deal with the error, resulting in the expansion of the harmful results;
(IV) major errors in the information disclosure of the annual report have occurred for many times;
(V) other circumstances that the board of Directors considers should be dealt with strictly.
Article 12 under any of the following circumstances, a lighter punishment shall be given:
(I) effectively prevent the consequences;
(II) taking the initiative to correct and recover all or most of the losses;
(III) it is really caused by non subjective factors such as accidents and force majeure;
(IV) other circumstances that the board of Directors considers should be dealt with lightly.
Chapter III supplementary provisions
Article 13 in this system, unless otherwise specified in the context, "above" and "below" include this number, and "above" and "below" do not include this number.
Article 14 matters not covered in this system or contrary to relevant laws, regulations and rules 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 this system shall come into force on the date of deliberation and approval by the board of directors of the company, and the same shall apply when it is revised.
Jahen Household Products Co.Ltd(300955) board of directors April 2022
