Chapter 1 General Provisions
Article 1 To further improve the standardized operation level of Zhejiang Jiuli Special Materials Technology Co., Ltd. (hereinafter referred to as the "Company"), enhance the authenticity, accuracy, completeness, and timeliness of information disclosure, strengthen accountability for persons 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," "Securities Law of the People's Republic of China," "Administrative Measures for Information Disclosure by Listed Companies," "Stock Listing Rules of the Shenzhen Stock Exchange," "Shenzhen Stock Exchange Main Board Listed Company Regulation and Operation Guide No. 1," and other laws, regulations, normative documents, and the "Articles of Association," combined with the Company's actual situation, this System is formulated.
Article 2 This System is a system for accountability and handling when relevant personnel in the work of annual report information disclosure fail to perform their duties and obligations or perform them incorrectly, or due to other personal reasons, cause significant economic losses or adverse social impact to the Company.
Article 3 This System applies to the Company's directors, senior management personnel, heads of all subsidiaries of the Company, controlling shareholders, actual controllers, shareholders holding more than 5% of the shares, and other personnel related to the work of annual report information disclosure.
Article 4 The accountability system shall adhere to the following principles: seeking truth from facts, objective and fair, accountability for all errors; proportionality between fault and responsibility; and equality between responsibility and rights.