Announcement on Changes in the Company's Accounting Policy
Release time:
2020-08-05
Securities Code: 600668 Securities Abbreviations: Jianfeng Group No.: Pro 2019-018
Bond Abbreviations: 13 Peak 02 Bond Code: 122344
Zhejiang Jianfeng Group Co., Ltd.
Announcement on Changes in Accounting Policies of the Company
The Board of Directors and all directors of the Company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and assumes individual and joint responsibility for the truthfulness, accuracy and completeness of its contents .
Important Note:
● This change in accounting policy will not have a significant impact on the company's financial position and operating results.
Overview of 1. Accounting Policy Change
1 , 2018 6 15 , the Ministry of Finance issued the Notice on the Revision and Issuance of the Format of Financial Statements of General Enterprises for the Year 2018 (Caihui [2018] No. 15 ), which requires non-financial enterprises implementing corporate accounting standards to prepare their financial statements in accordance with the revised format of financial statements of general enterprises.
2 , the Ministry of Finance successively revised and issued "Accounting Standards for Business Enterprises No. 22 -Recognition and Measurement of Financial Instruments", "Accounting Standards for Business Enterprises No. 23 -Transfer of Financial Assets", "Accounting Standards for Business Enterprises No. 24 -Hhedge Accounting" and "Accounting Standards for Business Enterprises No. Accounting standards related to four financial instruments, including 37 -Presentation of Financial Instruments, enterprises listed at home and abroad at the same time since 2018 , , 1 , , , and enterprises listed abroad and adopting international financial reporting standards or enterprise accounting standards to prepare financial reports will be implemented in other domestic listed enterprises since 2019 , , 1 , , .
2019 1 May 1 .
The Company implemented the relevant rules in accordance with the "Notice on Revising and Issuing the Format of General Enterprise Financial Statements for 2018
[2018] No. 15 ) revised and issued by 2018 # above accounting policies. Other unchanged parts are still implemented in accordance with the "Accounting Standards for Enterprises-Basic Standards" and related specific standards issued by the Ministry of Finance in the previous period, the application guide of accounting standards for enterprises, the interpretation of accounting standards for enterprises and other relevant regulations. Revision of the Guidelines for (II) Financial Instruments
. Amend the accounting treatment of impairment of financial assets from "incurred loss method" to "expected loss method", it is required to consider the expected credit loss of financial assets in the future, so as to make provision for impairment of financial assets in a more timely and full manner;
, adjust the accounting treatment of non-trading equity instrument investment, allow enterprises to designate non-trading equity instrument investment as measured at fair value and its changes are included in other comprehensive income for treatment, but the designation is irrevocable, and at the time of disposal, the accumulated fair value changes originally included in other comprehensive income shall not be carried forward and included in the current profit and loss;
, further clarify the judgment principle of financial asset transfer and its accounting treatment;
, hedge accounting standards put more emphasis on the organic combination of hedge accounting and enterprise risk management activities, better reflect the risk management activities of the enterprise.
2019 July . According to the relevant requirements of the convergence provisions in the new financial instruments standard, the company will not make retroactive adjustments to the comparative statements for the same period of the previous year, and this change in accounting policy will not affect the relevant financial indicators of the company 2018 .
This change in accounting policy will not have a significant impact on the company's financial position and operating results.
4. Board Review
2019 April 17 March 26 , the company held the 10th 176 meeting. After review and voting, 9 votes in favor, 0 votes against, 0 votes abstained, the bill on the change of the company's accounting policy was considered and passed.
l
Founding Document
Resolution of the 214 Meeting of the 9th Board of Supervisors of the (II)
Independent Opinions of (III) Independent Directors
This is to announce
Zhejiang Jianfeng Group Co., Ltd.
Board of Directors
April 30, 2009
More information
News from our newspaper The recently published national periodical "Building Materials Development Orientation" uses the corporate image photo of Yunnan Jianfeng Cement Company on the cover; the "13th China Yunnan Pu'er Tea International Expo and Fair" held on August 26-28 During the period, the local mainstream media "Pu'er Daily" also used a large amount of space to publicize the achievements of Yunnan Jianfeng in many aspects. Since it was put into production, the company has strengthened its image publicity through various channels, and the social influence of the company has been continuously improved. As a relatively late cement enterprise in southwest Yunnan, Yunnan Jianfeng has always attached great importance to the construction of corporate culture and image promotion. "Building Materials Development Orientation" magazine is sponsored by the China Building Materials Industry Economic Research Association and other units. It is the only comprehensive scientific and technological journal of building materials in the country. It takes technological innovation, management innovation, and market innovation as its purpose, and takes the national, orientation, and novelty as its goal. It has a relatively wide influence on the high-level managers and engineering and technical personnel of the building materials industry and enterprises. China Yunnan Pu'er Tea International Expo is an international exhibition co-sponsored by the Ministry of Agriculture and the People's Government of Yunnan Province. During this period, seizing the opportunity to promote enterprises is conducive to breaking through geographical limitations and gaining a wider impact. In the daily publicity work, Yunnan Jianfeng also cooperated with Pu'er TV station to broadcast the corporate image propaganda film in prime time after the news broadcast, and used self-media such as "Pu'er on the Cloud" to promote the spirit of Jianfeng enterprise. Every year during the Spring Festival, the company will expand its reputation through Xishuangbanna TV Station and Pu'er TV Station in the form of New Year greetings. With Yunling High-speed Media, Today's Biography
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07-31
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2020
07-31
Natural products companies through Europe and the United States two organic certification
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2020
07-30
Natural products companies through Europe and the United States two organic certification
On April 30, Tianjin Jianfeng Natural Products Company's apple and ginseng series extract products obtained EU organic certification (EC) and US organic certification (NOP) certificates respectively. EU Organic Certification (EC) is the European inspection and certification body for organic products, with the qualification of identifying whether organic products meet the standards of Europe, Japan and the United States. The EC certificate mark is one of the most authoritative organic certification certificates in the world today. It is trusted by consumers and the organic industry. It has great credibility in the international market and is the guarantee for Chinese organic products to enter almost all organic markets in the world. American Organic Certification (NOP) is the most authoritative organic certification in the United States. Any manufacturer and distributor who intends to sell organic products in the United States market must pass the certification of American organic NOP, and the certification of NOP is signed by the American Bureau of Agriculture. Qualified, organic ingredient suppliers must also be certified by NOP. In the European and American markets, products with EC and NOP certification marks mean that they have the guarantee of high quality and high credibility. They are safe and assured organic products, and they are easier to gain the trust of consumers. Since its establishment, the natural products company has been facing the international market, and with the improvement of domestic and foreign consumers' demand and standards for organic products, it has continuously strengthened quality management, continuously introduced new organic products, and won the trust of consumers. Prior to this, natural products company's plant extracts, plant pigment products have entered the European and American markets, won the trust of many customers, the apple, ginseng two series of products obtained the European Union and the United States organic certification, to the peak of natural products.
2020
07-31
Natural products companies through Europe and the United States two organic certification
On April 30, Tianjin Jianfeng Natural Products Company's apple and ginseng series extract products obtained EU organic certification (EC) and US organic certification (NOP) certificates respectively. EU Organic Certification (EC) is the European inspection and certification body for organic products, with the qualification of identifying whether organic products meet the standards of Europe, Japan and the United States. The EC certificate mark is one of the most authoritative organic certification certificates in the world today. It is trusted by consumers and the organic industry. It has great credibility in the international market and is the guarantee for Chinese organic products to enter almost all organic markets in the world. American Organic Certification (NOP) is the most authoritative organic certification in the United States. Any manufacturer and distributor who intends to sell organic products in the United States market must pass the certification of American organic NOP, and the certification of NOP is signed by the American Bureau of Agriculture. Qualified, organic ingredient suppliers must also be certified by NOP. In the European and American markets, products with EC and NOP certification marks mean that they have the guarantee of high quality and high credibility. They are safe and assured organic products, and they are easier to gain the trust of consumers. Since its establishment, the natural products company has been facing the international market, and with the improvement of domestic and foreign consumers' demand and standards for organic products, it has continuously strengthened quality management, continuously introduced new organic products, and won the trust of consumers. Prior to this, natural products company's plant extracts, plant pigment products have entered the European and American markets, won the trust of many customers, the apple, ginseng two series of products obtained the European Union and the United States organic certification, to the peak of natural products.
2020
07-31