Winbo-Dongjian Automotive Technology Co.Ltd(300978)
Financial report management system
Chapter I General Provisions
Article 1 in order to standardize the preparation of financial reports of Winbo-Dongjian Automotive Technology Co.Ltd(300978) (hereinafter referred to as “the company”) and its subsidiaries, prevent the risk of material misstatement of financial reports and ensure the authenticity and integrity of financial reports, This system is formulated in accordance with the accounting law of the people’s Republic of China, accounting standards for business enterprises, regulations on financial accounting reports of enterprises, basic norms of enterprise internal control, administrative measures for information disclosure of listed companies and other relevant national laws and regulations, and in combination with the actual situation of the company and its subsidiaries.
Article 2 the term “financial report” as mentioned in this system refers to the sum of documents provided by the company to reflect the financial status of the company on a specific date and the operating results, cash flow and other accounting information of a certain accounting period. Financial reports include financial statements and other relevant information and materials that should be disclosed in financial reports. The financial statements consist of accounting statements and their notes. The accounting statements include balance sheet, income statement, cash flow statement, statement of changes in owner’s equity, etc. the notes to the financial statements include further explanations on the items listed in the accounting statements and disclosure of other relevant information.
Article 3 the person in charge of the company shall be responsible for the authenticity, accuracy and completeness of the financial report. The person in charge of each subsidiary shall be responsible for the authenticity, accuracy and completeness of the financial report of each subsidiary.
Article 4 this system applies to the company and its subsidiaries. Subsidiaries refer to wholly-owned subsidiaries, holding subsidiaries and other subsidiaries within the scope of consolidated statements.
Chapter II organization management responsibilities
Article 5 the person in charge of accounting of the company shall determine the preparation method, time requirements and other financial report preparation plans of the financial report; Be responsible for organizing the preparation of financial reports and reviewing the preparation results of financial reports. Article 6 the financial department of the company is the centralized management department for the preparation of financial reports. Its main responsibilities include:
(I) collect, check and summarize the company’s financial statements, and prepare relevant materials and various accounting information; (II) specific implementation according to the financial report preparation plan;
(III) prepare quarterly, semi annual and annual financial reports;
(IV) summarize, collect and prepare the company’s financial analysis report.
Article 7 the financial department of each subsidiary shall timely and accurately report all kinds of materials and relevant accounting information according to the specific requirements of the financial department of the company, and ensure the authenticity and integrity of the accounting information provided.
Main responsibilities:
(I) collect and summarize the accounting information of the company;
(II) prepare monthly financial statements and other accounting information and report to the company’s finance department in time;
(III) prepare quarterly, semi annual and annual financial statements, notes, draft materials and other accounting information, and report to the company’s finance department in time;
(IV) prepare financial analysis and explanation.
The financial department of each subsidiary shall verify and review the submitted financial reports, improve work efficiency and quality, and reduce or avoid preparation errors and human adjustment factors.
Article 8 the relevant departments of the company and subsidiaries shall provide the financial department with the information required for the preparation of financial reports in time, and be responsible for the authenticity and integrity of the information provided.
Chapter III preparation and control objectives of financial reports
Article 9 the company shall follow the following principles when preparing, providing, analyzing and utilizing financial reports: (I) compliance principle: the recognition and measurement of accounting business and the disclosure of accounting information must comply with the accounting law, accounting standards for business enterprises and the accounting policies, accounting estimates and accounting methods formulated by the company.
(II) principle of authenticity: the confirmation of accounting business must be based on real transactions and events, the preparation of accounting vouchers must be based on Legal original vouchers, the records of accounting books must be based on audited and confirmed accounting vouchers, and the preparation of accounting reports must be based on true accounting book records. (III) integrity principle: transactions and events that have occurred must be recognized, measured and disclosed.
(IV) principle of effectiveness: the financial report shall provide useful information for the decision-making of the users of the financial report, and shall not mislead the users of the financial report.
Article 10 working papers must be prepared for consolidated accounting statements in accordance with regulations. For the prepared statements, check whether the articulation relationship between the accounting statements and the items of the accounting statements is correct.
Article 11 the company shall strengthen internal control and achieve the following control objectives:
(I) protect the safety, integrity and effective use of the company’s assets, make all production and business activities of the company orderly, and avoid possible economic losses.
(II) ensure the authenticity, reliability and timeliness of accounting information and other management information; Avoid losses caused by false records, misleading statements, major omissions and failure to disclose in time as required.
(III) ensure the implementation of various business policies, management systems and measures formulated by the company’s management. (IV) control costs and expenses and reduce unnecessary costs and expenses, so as to achieve the profit goal of the company.
(V) prevent and control risks, timely discover, prevent or stop various errors and disadvantages, and timely take corrective measures to avoid losses caused by major errors, fraud and fraud.
Chapter IV submission and disclosure of financial reports
Article 12 the financial department of each subsidiary shall submit the financial statements signed and confirmed by the person in charge of the unit and the person in charge of the financial department to the financial department of the company according to the content, format, preparation method and submission requirements specified by the company.
Article 13 the company shall, in accordance with the relevant provisions of national laws and regulations, hire an accounting firm to audit the company’s financial report and issue an audit report.
Article 14 for the regular financial reports disclosed by the company, the directors and senior managers of the company shall sign written confirmation opinions on the regular financial reports, and the board of supervisors shall put forward written review opinions to explain whether the preparation and review procedures of the board of directors comply with the laws, administrative regulations and the provisions of the CSRC, and whether the contents of the reports can be true, accurate Completely reflect the actual situation of the company. If the directors, supervisors and senior managers cannot guarantee the authenticity, accuracy and completeness of the contents of the regular financial report or have objections, they shall state the reasons and express their opinions, and disclose them to the public.
Article 15 the Finance Department of the company shall, in accordance with the relevant provisions of the measures for the administration of information disclosure of listed companies, bind the periodic financial reports that should be disclosed or the financial reports audited and confirmed by the accounting firm into a volume, affix the official seal, and be signed and sealed by the person in charge of the accounting institution, the person in charge of accounting work and the legal representative of the company. The individual statements of the company and its subsidiaries shall be signed and sealed by the person in charge of Finance and the person in charge of the unit, and shall be sorted and filed in time according to the provisions of the company.
Chapter V supplementary provisions
Article 16 matters not covered in this system, It shall be implemented in accordance with the relevant provisions of the company law, the securities law, the measures for the administration of information disclosure of listed companies, the Listing Rules of GEM stocks of Shenzhen Stock Exchange, the self regulatory guidelines for listed companies of Shenzhen Stock Exchange No. 2 – standardized operation of GEM listed companies, the Winbo-Dongjian Automotive Technology Co.Ltd(300978) articles of association, the measures for the administration of information disclosure of Winbo-Dongjian Automotive Technology Co.Ltd(300978) and so on.
Article 17 the financial department of the company is responsible for revising and interpreting the system, and formulating corresponding implementation rules according to the actual implementation needs.
Article 18 this system shall come into force from the date of deliberation and adoption by the board of directors.
January 22, 2002
